Re Contract

RNS Number : 3087T

Carillion PLC

05 December 2011

 

5 DECEMBER 2011                                           

Carillion Joint Venture wins £395 million contract in Qatar

Carillion, in an 80:20 Joint Venture with Qatar Building Company, has been awarded a £395 million contract for a major phase of the Msheireb Downtown Doha project developed by Msheireb Properties, a subsidiary of Qatar Foundation for Education, Science and Community Development.

Securing this prestigious contract, Carillion's first contract in Qatar, underlines the reputation that Carillion has established in the Middle East region over the last 40 years for quality and delivery.  The contract, which is worth some £316 million to Carillion, will begin in December 2011. 

The Msheireb Downtown Doha project, a mixed-use development comprising retail, commercial, residential, leisure, cultural and community facilities, is located close to the historic origins of Qatar's capital city next to the Amiri Diwan.  The project involves the development and regeneration of 31 hectares in the centre of Doha, to meet the vision and objectives set by the Emir, His Highness Sheikh Hamad Bin Khalifa Al Thani and Her Highness Sheikha Moza bint Nasser. It is a unique opportunity to regenerate the core of
the city as a place to live and work, and to reflect the growing international importance of Doha.

Carillion's sector-leading capabilities in delivering sustainable solutions will play a key role in delivering this project, to meet the objectives of Msheireb Properties in achieving a "Platinum to Gold" rating under the LEED Green Building Rating system of the U.S. Green Building Council.

Commenting, Carillion Group Chief Executive, John McDonough, said: "We are delighted to have been selected to deliver this prestigious project, which will make a major contribution to the regeneration of the centre of Doha.  We look forward to working with Msheireb Properties to deliver a visionary solution that will meet the high standards of sustainability that have been set for this transformational development."

For further information contact:

John Denning, Director Group Corporate Affairs                 + 44 (0) 1902 316426

Finsbury

James Murgatroyd                                                          + 44 (0) 20 7251 3801

Gordon Simpson                                                             

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 2010 of £5.1 billion, employs around 50,000 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 our investing activities in PPP projects in our chosen sectors of Defence, Health, Education, Transport, Secure and other Government accommodation.

Middle East construction services - this includes our building and civil engineering activities in the Middle East.

Construction services (excluding the Middle East) - this includes our building, civil engineering and developments activities in the UK and our construction activities in Canada.

This and other Carillion news releases can be found at www.carillionplc.com

Photographs:

High resolution photographs are available free of charge to the media at www.newscast.co.uk telephone

+ 44 (0) 207 608 1000.

 

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