Re Contract

RNS Number : 7431J

Carillion PLC

17 June 2014

 

17 June 2014

Carillion awarded £70 million contract for Phase II of the Aldara Hospital and Medical Centre in Riyadh, Saudi Arabia  

Carillion Saudi Arabia has signed a contract with the Aldara Medical Corporation to deliver Phase II of the Aldara Hospital and Medical Centre in Riyadh, Saudi Arabia, that is expected to have a construction value of approximately £70 million.

This new facility will be a state of the art hospital and the largest outpatient centre in the Kingdom of Saudi Arabia and will provide some of the most advanced medical services in the world.  It is strategically located in Riyadh close to the King Faisal Specialist Hospital and Research Centre and also Al Faisal University. 

The Aldara Hospital and Medical Centre is being built to address growing demand for high-quality health care in Riyadh, the Kingdom of Saudi Arabia and in the wider GCC region.  It will employ world-class medical staff, have an advanced IT platform, adopt the latest medical innovations and have leading-edge facilities for training and education.  It is also expected to stimulate employment in the health care sector, offering opportunities for Saudi professionals to work in a leading, innovative facility.

Carillion Chief Executive, Richard Howson, said: "We are delighted to have been selected to deliver this prestigious project, our second hospital project in the Kingdom of Saudi Arabia, which offers significant opportunities for growth that contribute to the improving outlook in our Middle East markets.  We look forward to working closely with the Aldara Medical Corporation and to using our extensive experience in the healthcare sector to ensure that the Aldara Hospital and Medical Centre is completed to the highest standards." 

This project was classified as a probable order in Carillion's Interim Management Statement on 7 May 2014.

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 2013 of some £4.1 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

For more information

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

Finsbury

James Murgatroyd or Gordon Simpson                                                    [phone]

 

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