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

VITA GROUP POSTS STEADY RESULTS DESPITE ROUGH YEAR

IT'S no secret Vita Group (ASX: VTG) has had a testing year, however the company has still managed to deliver ...

KOGAN BREAKS FORECASTS IN ITS FIRST YEAR OF PUBLICLY LISTED TRADE

RAISING the bar high in its first year as a publicly listed company, Kogan.com (ASX: KGN) has smashed its forecast...

CAMPLIFY MOTORS INTO THE UK MARKET

CARAVAN hire and RV sharing community Camplify has made its move in the European market, establishing its first op...

COCHLEAR R&D INVESTMENT DRIVES NEW PRODUCTS AND BOOSTS PROFIT AND REVENUE

COCHLEAR (ASX: COH) has boosted its 2017 full year net profit by 18 percent to $223.6 million and has forecast furthe...

Related News

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 ye...

ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like wi...

SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN West Media (ASX: SWM) has posted a full-year loss of $744.3 million and cut CEO Tim Worner's pay packet by ...

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Sha...

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