A joint venture between Perth contractor NRW Holdings and Italian company Salini Impregilo has officially been awarded a $1.17 billion contract for the Forrestfield-Airport Rail Link project, which has an overall budget of nearly $2 billion.
NRW Holdings emerged from a trading halt this morning with its share price nearly tripling in value on the back of news yesterday that its joint venture with Salini Impregilo had been named the preferred contractor for the $2 billion...
Perth contractor NRW Holdings has had a major boost, with the state government selecting the company's joint venture with Italy’s Salini Impregilo as preferred contractor for the $2 billion Forrestfield-Airport Rail Link.
Italian builder Salini, taking over larger rival Impregilo , expects the merged group to double revenues over the next three years helped by expansion in the Americas and Australia, its head said in a newspaper interview.
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