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Carillion shines in Middle East |
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Wednesday, 08 October 2008 |
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Carillion led joint ventures have secured contracts in the Middle East worth more than £200m.
In Dubai, Al Futtaim Carillion has won a £125m contract to build two residential towers alongside for Emaar Properties.
It has also been awarded a £60m contract for the first phase of the Al Badia business park at Dubai Festival City.
In Oman, Carillion Alawi has secured a £20m contract to build the next phase of infrastructure facilities for the Asian Beach Games, for the Oman Tourism Development Company.
John McDonough, chief executive of Carillion, said: “These latest contracts keep us firmly on track to achieve our objective of doubling Carillion's share of its joint venture revenues to over £600m by the end of 2009."
Carillion's share of the revenues from these contracts will be around £113m. |