23rd Mar 2015 08:03
LONDON (Alliance News) - Engineering services company Costain Group PLC on Monday said it has won a contract from the Welsh government to provide design development services for the M4 Corridor around Newport.
Costain has won the contract as part of a joint venture with French construction company Vinci Construction Grand Projets and UK construction company and housebuilder Taylor Woodrow.
The contract is worth GBP750 million and scheme development work is set to start immediately, Costain said, with construction set to start in spring 2018, dependent on the completion of required processes.
"We are delighted to be developing this critical infrastructure scheme for the Welsh government. This award is further demonstration of the importance to Costain of long-term strategic partnerships with our customers, and our ability to deliver integrated consulting and project delivery services," said Costain Chief Executive Andrew Wyllie.
By Sam Unsted; [email protected]; @SamUAtAlliance
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