Leading national mining and civil contractor NRW Holdings (ASX: NWH) has announced significant contract wins including for its wholly owned subsidiaries Golding Contractors Pty Ltd and DIAB Engineering.
Golding has been awarded a contract by Lendlease Communities for completion of general subdivision and associated infrastructure works for six stages of the Shoreline residential development in Redland Bay, Queensland.
Shoreline is a master-planned community by Lendlease located 43km south-east of Brisbane in Redland Bay. On completion, it will be home to more than 10,000 people and include 3,000 residential dwellings and a new state primary school.
Golding has also been awarded contracts by Lendlease Communities at its Yarrabilba development for completion of general subdivision and associated infrastructure works for three major packages of works – Precinct 4F Residential Subdivision, Precinct 5A Commercial Subdivision and Town Centre East West urban collector road.
Yarrabilba is a master planned community by Lendlease located 4km south of Logan Village. On completion, it will be home to more than 45,000 people and include 17,000 residential dwellings, a town centre, neighborhood hubs and 11 schools.
These contracts extend a partnership with Lendlease Communities that commenced at Yarrabilba in October 2017 and has delivered more than 1,850 residential and commercial lots to date.
The combined value of the contracts is nominally $80 million. Shoreline and Yarrabilba works will be delivered over 12 and 24 months respectively, working with our extensive network of subcontractors and suppliers in the South-east Queensland region.
DIAB has been awarded new contracts for dry plant SMP works and site materials management services at two separate construction sites in Western Australia. The two contracts have a combined value of circa $29 million and are expected to be completed towards the end of 2023.
NRW’s civil division has also been awarded three new contracts in the Pilbara with a combined value of $78 million. The scope of works under the contracts includes general mine civil infrastructure, culvert installation, demolition and remediation works, together with construction of a haul road overpass. All three contracts are expected to be completed this calendar year.
NRW’s recent acquisition OFI has also been awarded a defence-related contract for various electrical works valued at circa $13 million.
