5 March 2014
Carillion Joint Venture awarded Middle East contract worth approximately £150 million
Carillion's Joint Venture business in the United Arab Emirates, Al Futtaim Carillion, has been awarded a contract worth some £150 million by Meraas to build The Avenue Phase 2 City Walk development in Dubai.
The contract includes the construction, commissioning, testing and completion of the second phase of a high-quality family entertainment and retail development of over one million square feet in the Jumeirah area of Dubai. Al Futtaim Carillion completed the first phase of this major development in 2013.
Construction will commence immediately with completion in the second quarter of 2015.
Commenting, Carillion Chief Executive, Richard Howson, said: ''We are delighted to have been selected for this major new development in Dubai, where we continue to see more opportunities coming to market for which our capabilities and reputation for delivering to high standards of quality, safety and reliability are important to customers. We look forward to working with Meraas to deliver this prestigious development."
This contract was classified by Carillion as a probable order at 31 December 2013.
For more information
John Denning, Director Group Corporate Affairs, Carillion plc +44 (0) 1902 316426
Finsbury
James Murgatroyd or Gordon Simpson +44 (0) 207 2513801
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2012 of some £4.4 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments:
Support services - this includes facilities management, facilities services, energy services, utility services, road
maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services(excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
