SIAC SECURES MAJOR MULTI-MILLION EURO MOTORWAY CONTRACT IN POLAND

SIAC Construction, which has its Northern Ireland base just off Belfast’s Boucher Road, has been awarded a major contract to construct a 35km long new motorway scheme in southern Poland at a value of over €450 million.

The scheme, part of the motorway between Krakow and Rzeszów, includes 28 bridges, one of which is a 22 span river bridge. Construction will start in August 2010 and it is expected to take 24 months to complete.

“This will be an exciting challenge for us, but we have already deployed some of our senior managers to Poland to commence working on this project,” said John Geoghegan, SIAC Operations Director.

SIAC (NI) Ltd, which is managed by Kieran Doyle, recently won a major quality award for its environmental improvement scheme in Armagh and the company will shortly complete similar schemes in Lurgan and Portadown town centres.

Commenting on the Polish contract, Ronnie Foreman, Chairman of SIAC (NI) Ltd, said:

“With the downturn in the economy reducing major infrastructure project opportunities across Ireland and Great Britain, we took a strategic decision to try and develop international markets where we saw potential.

“We are delighted to have secured this contract. Experience gained with similar projects and our programme of alliances with major international civil engineering contractors and specialist contractors, means that we are well equipped to undertake multi-disciplinary projects of this sort of scale and complexity.”

Notes to editors

SIAC Construction is a large multi-disciplined construction group with significant operations across the United Kingdom and Ireland. It provides turnkey solutions to the civil engineering and building industries and has extensive commercial development and other investment interests.

SIAC constructed the landmark Boyne Bridge on the M1 motorway, and was also responsible for construction of the motorway south of the River Boyne and the A1/NI Newry/Dundalk link Road. In the last five years, it has also completed two major PPP projects in Ireland, consisting of 110km of high quality motorway.