https://www.engineeringnews.co.za
Construction|Energy|Engineering|Gas|PROJECT|Resources|Roads|transport|Infrastructure
Construction|Energy|Engineering|Gas|PROJECT|Resources|Roads|transport|Infrastructure
construction|energy|engineering|gas|project|resources|roads|transport|infrastructure

M&R’s Clough receives preferred proponent status for Australia transport project

30th July 2021

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

JSE-listed engineering and construction group Murray & Roberts (M&R) reports that its subsidiary Clough’s joint venture with Acciona has received preferred proponent status on a contract valued at about R2.4-billion for the transportation infrastructure upgrade on behalf of Main Roads in Perth, Western Australia.

The project will start towards the end of this year and will run for the next two years.

Clough’s share is about R1.2-billion.

After five years of strategic repositioning to diversify Clough away from its dependence on a single cyclical market in the Australian liquefied natural gas sector, the order book today reflects its thriving infrastructure and energy target markets, states M&R.

M&R notes that securing this project places Clough at the “forefront” of working with Main Roads and the Australian government on complex infrastructure project opportunities.

M&R’s energy, resources and infrastructure unit’s order book recently reached a historic high, with a pipeline of project opportunities supporting the group’s expectation of strong earnings growth over the next three years, it adds.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Alco-Safe
Alco-Safe

An unmanned breathalyser that is made to be tough and simple to use. Can be used in any environment for operator-free breathalyser testing.

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.079 0.132s - 152pq - 2rq
Subscribe Now