- Modular building company Fleetwood (FWD) secures a $36 million contract for the Centre for National Resilience Brisbane
- The Centre for National Resilience Brisbane will meet Queensland’s need to support the safe return of Australians from overseas during the COVID-19 pandemic
- Under the contract, Fleetwood will use its manufacturing facilities in Queensland, NSW and Melbourne to build modular accommodation units
- Work is expected to generate roughly $36 million in revenue in FY22 for Fleetwood
- Shares in Fleetwood finished trading on Wednesday up 0.44 per cent at $2.28 each
Modular building company Fleetwood (FWD) has secured a $36 million contract for the Centre for National Resilience Brisbane.
The Centre for National Resilience Brisbane will meet Queensland’s need to support the safe return of Australians from overseas during the COVID-19 pandemic.
Phase one, which will consist of a 1000-bed centre at Pinkenba, is expected to be completed by June 30, 2022.
It includes modular buildings to provide accommodation to single people, couples and families.
The facility will be owned by the Australian Government and will be operated by the Queensland Government for the duration of the COVID-19 pandemic.
Under the contract, Fleetwood will use its manufacturing facilities in Queensland, NSW and Melbourne to build modular accommodation units.
Work is expected to generate roughly $36 million in revenue in FY22 for Fleetwood.
“We are delighted to be playing a key role in the Australian Government’s response to the COVID-19 pandemic and more broadly Australia’s road to recovery,” CEO Bruce Nicholson said.
“This contract award demonstrates our unique ability to leverage our national footprint, having used the lessons learned from the recently awarded major contract for part of the Centre for National Resilience Melbourne.”
Shares in Fleetwood finished trading on Wednesday up 0.44 per cent at $2.28 each.