McConnell Dowell boosts order book to R11bn
Construction group Aveng’s Australian subsidiary McConnell Dowell, has secured contracts to the value of R8.5-billion in the first half of the 2019 financial year.
This supports McConnell’s baseline revenue for financial year 2020 and beyond.
McConnell provides engineering and construction solutions to the infrastructure, building and resource sectors across Australia, New Zealand and the Pacific and Southeast Asia.
Contracts awarded during the year so far include the Tuas water reclamation project, in Singapore; the Wingfold Tower luxury apartment complex, in Australia; and the Pukekohe wastewater treatment plant and the Stanley street stormwater upgrades, both in New Zealand.
Additionally, McConnell has been selected to head up the Wynyard Edge Alliance, in Auckland, New Zealand. Working alongside Downer, BECA, Tonkin and Taylor, Auckland council and MBIE, the alliance will design and build the infrastructure to support the 36th America’s Cup in New Zealand, to be held in 2021.
McConnell said these contract awards underpin the company’s strategic plan of steady growth, reliable performance and being a valued business partner through a disciplined project pursuit pipeline.
The awards in the first half of financial year 2019 total over R8.5-billion, taking McConnell’s order book to R11.4-billion as at December 31, 2018, which is up 50% from the order book of R7.6-billion as at June 30, 2018.
Comments
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation