SEYMOUR WHYTE SECURES NARELLAN ROAD CONTRACT

Written on the 16 October 2015

SEYMOUR WHYTE SECURES NARELLAN ROAD CONTRACT

SEYMOUR Whyte Limited (ASX: SWL) has been awarded the $59 million Narellan Road Upgrade Stage B contract by Roads and Maritime Services.

The contract will help Seymour Whyte establish itself as a stable presence in NSW and delivers on the group's NSW growth strategy, says Acting CEO David Wilson.

"We have won repeat business and experienced significant growth in the NSW market by consistently delivering projects successfully, safely and on time," says Wilson.

"The NSW pipeline remains robust and the project award strengthens the group for future opportunities, adding scale to our network through geography and the exceptional quality of our people."

The Narellan Road Upgrade includes approximately six kilometres of road and bridge construction, widenings, earthworks, pavements, drainage, and associated road infrastructure.

The contract is in addition to a number of RMS projects currently underway on the Great Western Highway, Central Coast Highway, and in Maitland.

This boom of infrastructural projects in NSW has Wilson optimistic for the future of Seymour Whyte in the region.

"We are encouraged by a number of active tenders within the NSW markets and in other states, and continue to pursue opportunities for the combined transport infrastructure and utilities businesses," says Wilson.

Wilson says the company is also making positive in-roads into the Victorian market.

"Diversification into Victoria is progressing well with a new transport infrastructure office opened in Melbourne, and a number of major regional road upgrades in tender," says Wilson.

Construction on the Narellan Road project will commence this year, with the contract expected to be completed by mid-2017.


Latest News

CROWN EMPLOYEES CONVICTED, JASON O'CONNOR TO SPEND 10 MONTHS IN JAIL

CROWN Resorts (ASX: CWN) employees who were arrested in October last year on suspicion of gambling offences have b...

QUICK TURNAROUND FOR $20 MILLION OFFICE IN MELBOURNE OUTER-EAST

AN office building in Melbourne's outer eastern suburb of Mount Waverley has sold for $20.5 million just two year...

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

SHARE PRICE PLUNGE FOR RETIREMENT VILLAGE OPERATOR AHEAD OF FOUR CORNERS INVESTIGATION

A RETIREMENT village operator which has been accused of charging excessive fees through complex contracts has respond...

Related News

METCASH NET PROFIT FALLS 20 PER CENT, ANNOUNCES CEO WILL STEP DOWN IN 2018

FOOD and grocery giant Metcash has announced its full year net profit has fallen more than 20 per cent and its CEO Ia...

SHARE PRICE PLUNGE FOR RETIREMENT VILLAGE OPERATOR AHEAD OF FOUR CORNERS INVESTIGATION

A RETIREMENT village operator which has been accused of charging excessive fees through complex contracts has respond...

CHINESE TECH FIRM LOOKS TO AUSTRALIA FOR 'CUTTING EDGE' IDEAS

CHINESE ed-tech company Retech Technologies (ASX: RTE) has listed on the ASX after raising $17.9 million from its IPO...

COLLINS FOODS GOBBLES UP MORE AUSSIE KFC STORES

COLLINS Foods Limited (ASX: CKF) has purchased 28 KFC restaurants from Yum! Brands Inc for $110.2 million, adding fur...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter