Middle East Carillion Projects Looking Financially Sound
15
Jul0
Jul0
Construction giant Carillion is expecting to deliver strong first half earnings. The actual firm is base in Wolverhampton and has a whole set of projects. The contracts in the Middle East building services were another strong area for the company which saw growth in Abu Dhabi, Oman and Egypt with Abu Dhabi being one of the strongest. It’s estimated that Middle East contracts would increase 2009 revenues to around 600 million. It’s a myth that Dubai work has stopped but still a area with opportunities. Abu Dhabi is a stronger area for the company with a possibility of moving to Qatar next year.
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