- Decmil Group (DCG) has been selected by the Western Australian Government to build the $175 million Albany Ring Road
- The Albany Ring Road is aimed at improving connections between major freight infrastructure, such as airports and commercial and industrial areas
- Last year, the Federal Government agreed to allocate $140 million to the project, while the WA State Government is contributing $35 million
- Construction of the Albany Ring Road is set to begin in September and will likely be completed in 2023
- Company shares are up 3.64 per cent and are trading for 5.7 cents each
Decmil Group (DCG) has been selected by the Western Australian Government to build a $175 million ring road in Albany.
Decmil Group is a construction engineering company and was founded in 1978. The company offers a range of engineering, construction and maintenance services to the Australian resources and infrastructure industries.
Construction of the Albany Ring Road is set to begin in September and will likely be completed in 2023. The project is expected to create over 1000 jobs.
Last year, the Federal Government agreed to allocate $140 million to this project, while the WA State Government contributes $35 million.
The Albany Ring Road is aimed at improving connections between major freight infrastructure, such as airports and commercial and industrial areas, linking roads and highways from Albany in the Great Southern region of Western Australia.
According to Michael McCormack, the Minister for Federal Transport and Infrastructure, the project will be completed in two phases.
The first will be the new interchange at Albany Highway and Menang Drive, as well as the construction of the section of the Ring Road south to Lancaster Road.
Detailed designs for the second phase of the project, from Lancaster Road to Princess Royal Drive, will also take place over the next 12 months. This will allow construction to begin once environmental approvals have been granted.
“Decmil is pleased to be selected as the preferred proponent in a critical piece of infrastructure for Western Australia’s south-west,” CEO Dickie Dique said.
“It represents the strong pipeline of work that is currently available in the infrastructure sector, and our focus is now on signing the final contract and executing its delivery to provide value for both our shareholders and taxpayers,” Dickie added.
Company shares are up 3.64 per cent and are trading for 5.7 cents each just before market close.