Wolverhampton-based Carillion’s joint venture businesses in the Middle East have won contracts worth an estimated £205 million.
The deal brought the total value of new business won by the civil engineering and construction group within the last two days to more than £300 million. Included is a multi-million pound contract to build new student accommodation at Aston University in Birmingham.
Carillion said its share of the three joint venture contracts secured would be some £113 million.
In Dubai, Al Futtaim Carillion has signed a £125 million contract to build two further residential towers with associated shops for Emaar Properties’ Burj Dubai development.
The joint venture company has also been awarded a £60 million contract to build the first phase of the Al Badia Business Park at Dubai Festival City.
And in Oman, Carillion Alawi is to build infrastructure facilities for the Asian Beach Games in a deal valued at £20 million.
“We are delighted with the progress our joint venture businesses are making in the Middle East, where we continue to have an excellent order book and pipeline of opportunities to negotiate high-quality orders with long-term key customers,” Carillion chief executive John McDonough said yesterday.
“These latest contracts keep us firmly on track to achieve our objective of doubling Carillion’s share of its joint venture revenues to over £600 million by the end of 200, at a margin of some six per cent.”
On Tuesday, Carillion announced it had won two further UK education sector contracts worth about £100 million.
The company, the country’s leading support services business with annual revenues of about £5 billion, has been awarded a £57 million contract to build accommodation for more than 1,300 students at Aston University’s main campus.
It has also been named preferred bidder for the £42 million Basildon Academies contract by Essex County Council.
“Education is an important growth area for Carillion and we have established a leading position in this market,” Mr McDonough said.
Separately yesterday, a Coventry construction firm said it had landed four new deals across the Midlands worth more than a £1 million.
Benfield Construction, based in Paynes Lane, has recently been instructed to work on a quartet of projects in Solihull, Stratford-upon-Avon, Banbury and Warwick.
The total value of the work is £1.17 million and adds to Benfield’s £6 million deal to create a new retirement development in Tiddington, which it won earlier in the year.
Managing director Martin Woodhouse said: “There is a great deal of downbeat talk in the industry on a national level but these latest contracts prove that construction in the area is still alive and well.
“The new projects range from the creation of a new drama studio at a school in Stratford to the redevelopment of flats in Banbury.
“We are delighted to have landed these new deals and we are very keen to make good progress. We should have at least two of the contracts completed before the end of the year.”
Benfield has now started at King Edward VI School in Stratford, where a new drama studio is set for completion in the spring of 2009.