Housebuilding and construction group Galliford Try Plc. (GFRD.L) Wednesday said it has been appointed to two new construction contracts across the Midlands, worth a total of 48 million pounds.
Firstly, Birmingham and Solihull Local Improvement Finance Trust or BasLIFT has reached financial close with Galliford Try Building to construct the new Birmingham Dental Hospital on the Pebble Mill site in the city.
The 34 million pounds project for BasLIFT will see the city's existing dental hospital at St Chad's Circus relocate and be combined with the University of Birmingham's school of dentistry at the site.
Secondly, the University of Nottingham has appointed Galliford Try Building to extend and refurbish the George Green Engineering and Science Library at its University Park campus under a 14 million pounds construction contract. A new three storey, 7,300 sqm extension will be built, apart from internal and external refurbishment of the existing four storey library complex.
Galliford Try CEO Greg Fitzgerald said, "It is hugely encouraging for our construction business that we are able to secure such significant work in the health and education sectors despite the economic climate."
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by RTT Staff Writer
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