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- SKS Technologies Group (SKS) has received a formal acceptance of approximately $10 million to supply the audio visual package for the new Footscray Hospital, in Melbourne
- It is to design, supply and install the Audio-Visual package related to the Private Public Partnership for the hospital
- Construction of the $1.5 billion new Footscray Hospital is now underway
- Matthew Jinks, CEO of SKS Technologies, says this formal acceptance is a significant achievement for the company
- SKS Technologies Group Limited (SKS) last traded at $0.18 per share before market open on December 23
SKS Technologies Group (SKS) has received a formal acceptance of approximately $10 million to supply the audio visual package for the new Footscray Hospital, in Melbourne.
Construction of the $1.5 billion new Footscray Hospital is now underway, with SKS chosen to design, supply and install the Audio-Visual package related to the Private Public Partnership for the hospital.
The hospital will be the largest ever health infrastructure investment in Victoria’s history and is due to be completed in 2025.
Additional infrastructure will allow 15,000 more patients to be treated and almost 20,000 extra people to be seen in the emergency department each year.
There will also be a significant increase in mental health beds and more outpatient, palliative care, and surgical services.
Matthew Jinks, CEO of SKS Technologies, said this formal acceptance is a significant achievement for the company.
“Upon execution of the contract, expected to be in the early part of next year, the contract will place the company’s work in hand position in excess of $40 million and provides the business with a strong foundation for future growth and profits,” he said.
SKS Technologies Group Limited (SKS) last traded at $0.18 per share before market open on December 23.
