The construction company Carillion has won £470m of contracts at its Middle East joint venture thanks to the oil-fuelled building boom in the region.
The group is involved in a number of huge building projects, including Dubai Festival City – a new town which will be home to 25,000 people – and a mix of hotels, leisure and retail developments in Cairo.
Carillion has also signed agreements for up to a further £5.3bn of construction work through its Middle East joint venture business, Al Futtaim-Carillion. John McDonough, the chief executive, said he hoped to double the amount of work the company won in the region over the next five years. Full Story - Synergen Consulting International
The group is involved in a number of huge building projects, including Dubai Festival City – a new town which will be home to 25,000 people – and a mix of hotels, leisure and retail developments in Cairo.
Carillion has also signed agreements for up to a further £5.3bn of construction work through its Middle East joint venture business, Al Futtaim-Carillion. John McDonough, the chief executive, said he hoped to double the amount of work the company won in the region over the next five years. Full Story - Synergen Consulting International
