Carillion PLC
16 May 2007
May 16 2007
Carillion wins prestigious contract for Oman Royal Court Affairs worth around
£120 million
Carillion Alawi LLC, a joint venture that has been delivering high-quality
construction services in Oman for 40 years, has been awarded the contract to
build the House of Musical Arts by Oman Royal Court Affairs, worth in the region
of £120 million.
The House of Musical Arts, which will be the first of its kind in the Middle
East, will have a 1,000-seat concert hall to accommodate the full range of arts,
including music and drama productions as well as opera. Construction will
provide state-of-the-art theatre facilities with high-grade internal finishes,
together with landscaping and car parking and will take three years to complete.
Carillion's chief executive John McDonough said: 'Being awarded this prestigious
contract reflects our capabilities and reputation in the Middle East for
delivering high quality projects and also the strong relationship we have with
Oman Royal Court Affairs. We look forward to working closely with our customer
to deliver this outstanding new facility.
'This contract is further evidence of the very strong growth we are experiencing
in our well-established regional business in the Middle East. With an increasing
number of opportunities for both construction and support services in our
existing and new markets within the region, we believe this growth will be
sustainable for the longer term.'
For further information contact:
John Denning, Director Group Corporate Affairs on 01902 316384.
Artists' impressions of the project are available from Jane Smith on 01902
316620 or by email at janesmith@carillionplc.com.
Notes to editors
Carillion is a leading provider of integrated solutions for buildings,
infrastructure and services in the UK, with well-established international
businesses in the Middle East and in Canada and the Caribbean. As a FTSE 250
company with annual revenue in the region of £4 billion and around 50,000
employees, the Group delivers high quality, cost effective and sustainable
solutions using its wide range of skills and resources. Its key target markets
are building, defence, health, education and transport (rail and road
infrastructure), facilities management and support services for public and
private sector customers.
Carillion Alawi is a 49:51 per cent joint venture. However, Carillion plc
consolidates 100 per cent of the revenue and profit of the joint venture in its
financial statements.
This information is provided by RNS
The company news service from the London Stock Exchange
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