Re Contract

RNS Number : 5891C

Balfour Beatty PLC

17 November 2009

 



17 November 2009

BALFOUR BEATTY WINS £188 MILLION 

OF INTERNATIONAL RAIL CONTRACTS

Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has been awarded a £64 million electrification contract in China, which along with recent wins in Sweden and Germany, totals £188 million of international rail contracts.

In China, Balfour Beatty Rail has secured a £64 million electrification contract for the Xinxiang-Heze-Ranzhou-Rizhao railway for the Ministry of Railways of China. The 616-kilometre, double-track, passenger and freight line project includes the delivery of overhead contact line and traction substations.  The contract is due for completion in the summer of 2010.

The Swedish rail administration, Banverket, awarded Balfour Beatty Rail the £82 million railway maintenance contract for 1,270 kilometres in the Västra Götaland region in three separate contracts. This is the largest operational area for which Banverket has so far awarded a contract.

The turnkey maintenance contracts are scheduled to start on 1st September 2010 and are for five years with two further one-year options.  The project involves the preventative and corrective maintenance of track, overhead line (OHL), signalling and telecoms, incident management and snow clearance.

In Germany, Balfour Beatty Rail and its recently-acquired track business, Schreck-Mieves, secured two multi-disciplinary contracts totalling £39 million, the latest multi-disciplinary contracts to be won in line with the strategy of providing a complete service for railway infrastructure.  The works include catenary and 50 HZ installations for the Coswig-Dresden Neustadt line and the same scope plus track for the Leipzig-Leutzsch-Plagwitz line.

Commenting today Balfour Beatty Chief Executive, Ian Tyler, said: 

"We are delighted to have been awarded these contracts which utilise Balfour Beatty's multi-disciplinary rail skills and highlight our customers' confidence in our ability to deliver complex rail projects."

ENDS

Analyst/media enquiries:

Duncan Murray

Balfour Beatty plc

Tel [phone]

www.balfourbeatty.com

Notes to Editors:

1.

Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise.   Our key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail).  We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction, and facilities management services.   Balfour Beatty employs more than 53,000 people around the world and its strong financial position offers continuing flexibility to make appropriate investments in long-term growth opportunities.

2.

Balfour Beatty Rail is the world's leading multi-disciplinary fixed rail infrastructure contractor with annual revenues of over £1 billion. It has long-term relationships and major current projects for Network Rail, London Underground, the Olympic Delivery Authority, Deutsche Bahn, AlpTransit, Italian State Railways, Swedish State Railways and many other network owners.  Balfour Beatty Rail is currently responsible for the rail electrification and power supply systems package for the Ipoh to Padang Besar Double Tracking Rail Extension for the State of Malaysia; design, supply, installation and commissioning work of the power supply sub-systems and contact line for the T4, T5, T6A, T7 sections and depot of the Metro "Line C" in Rome, one of the largest infrastructure schemes for public transport in Italy as well as the execution and maintenance of the sub-stations and transformation centres of the High Speed line Orense in Santiago, Spain.

 

END

 

 

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