Costain JV secures Crossrail

RNS Number : 1305I

Costain Group PLC

05 March 2010

 



Costain Group PLC

("Costain")

Costain Skanska JV secures first Crossrail enabling tunnelling works contract

Costain, in joint venture with Skanska, announces that it has been awarded a £15 million contract by Crossrail, as part of the enabling works framework, to construct the Royal Oak Portal, the first tunnel-related construction contract for the Crossrail project.

The Royal Oak Portal is near to Paddington main line station and will act as the transition ramp for Crossrail trains when entering and exiting the central London tunnels.

Work will begin immediately and is scheduled for completion in March 2011.

Andrew Wyllie, Chief Executive of Costain, commented:

"We are delighted to have been awarded this first tunnel related construction contract for Crossrail. To be involved in the Crossrail project is a significant step forward for Costain and a valuable addition to our strong rail portfolio."

5 March 2010

ENQUIRIES:
Costain Group PLC	Tel: [phone]
Graham Read, Communications Director
College Hill	Tel: [phone]
Mark Garraway
Adam Aljewicz

Notes to Editors

Costain is an international engineering and construction group with a reputation for technical excellence founded on more than 140 years of experience. The Company's business segments are in Infrastructure (Highways, Rail, Nuclear and Airports), Environment (Water, Waste and Marine), Community (Health, Education and Retail), Energy & Process and Property Development.

The Company is focused on market sectors where it expects there to be a significant investment over the next few years and where it can build and maintain strong positions.

It has worked on a number of significant infrastructure projects in the UK, including the St Pancras railway station and the Channel Tunnel Rail Link, and is currently working on a number of significant projects including the municipal waste treatment infrastructure for the Greater Manchester Waste Disposal Authority and EVAP D at Sellafield, one of the largest nuclear projects in the UK.

For further information please visit the company website: www.costain.com

 

END

 

 

CNTLFFIIVIISIII