BRIEF-Strabag SE awarded a bridge project in South Africa

  • Reuters
  • Stock Market News
BRIEF-Strabag SE awarded a bridge project in South Africa
Credit: © Reuters.

Sept 5 (Reuters) - STRABAG SE STRV.VI :

* AWARDED A BRIDGE PROJECT IN SOUTH AFRICA

* CONTRACT HAS A TOTAL VALUE OF 1.634 BILLION SOUTH AFRICAN RAND, WHICH IS APPROXIMATELY EUR 106 MILLION

* CONSTRUCTION WORKS ARE EXPECTED TO LAST FOR 40 MONTHS

* CONSTRUCTION IS BEING CARRIED OUT IN A 50:50 JOINT VENTURE WITH SOUTH AFRICAN CONSTRUCTION COMPANY AVENG GRINAKER-LTA

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