30 July 2024
30 July 2024
The project began in 2020 and was completed within its deadline.
The project is set to deliver approximately £96m for Watkin Jones over the three-year construction period.
The acquisition encompasses four quarries, three sand and gravel pits, a trucking business, two asphalt plants, and more.
The development marks the second phase of an overarching £11m project.
The redevelopment will be carried out under a design, build, finance and operate (DBFO) model.
The deal's completion is subject to clearance from the Competition Commission of India.
H1 2024 saw a 1.5% national rise in commercial construction inflation, mirroring the growth rate seen in H2 2023.
The group's financial result improved to -€185m compared with -€201m in H1 2023.
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