- Decmil Group (DCG) secures two contracts in the energy and infrastructure sectors worth roughly $47 million
- The first contract is from QGC to design and construct a modular gas accommodation village in Queensland
- The second contract is from Main Roads WA for works on the Great Eastern Highway
- Work for both contracts is expected to begin in and be completed in FY22
- Decmil is up 1.65 per cent on the market with shares trading at 46.3 cents at 3:50 pm AEST
Decmil Group (DCG) has secured two contracts in the energy and infrastructure sectors worth roughly $47 million.
The first contract is from QGC to design and construct a modular gas accommodation village in Queensland.
The second contract is from Main Roads WA for works regarding the Great Eastern Highway.
The Great Eastern Highway spans 590 kilometres and links Perth with the city of Kalgoorlie, and is a key road for access to the eastern Wheatbelt and Goldfields.
Work includes a two kilometre realignment of the highway, reconstruction of two intersections and removal of redundant surfacing.
Work under both contracts is expected to begin and be completed in FY22.
“These accommodation and road contracts align with and validate Decmil’s strategy of targeting lower-risk projects with blue chip clients in the natural resources and infrastructure sectors,” CEO Dickie Dique commented.
“Each of the contracts are with customers we’ve previously delivered work for, highlighting Decmil’s operational excellence.
“Our order book is expanding as we start to see the award of some contracts that were previously delayed due to COVID-19.”
Decmil was up 1.65 per cent on the market with shares trading at 46.3 cents at 3:50 pm AEST.