Infrastructure

Perth-based engineering firm Primero Group has appointed company director Mark Connelly as chairman and broking firm Cannacord Genuity as lead manager as its finalises plans for an initial public offering.

Multiplex has won a national construction award for its work on the $1.6 billion Optus Stadium, which was completed earlier this year.

The long-delayed footbridge linking East Perth to Optus Stadium will not be ready by the end of May despite previous assurances by the McGowan government.

Balcatta-based PS Structures has won a $15.6 million contract for an expansion project at Carine Senior High School.

PACT Construction has secured an $11.5 million state government contract for the second stage of construction at Aspiri Primary School in the south-east of Perth.

The $5 billion Northern Australia Infrastructure Fund has finalised its second deal, providing nearly $30 million to a barramundi farm in the Northern Territory, two weeks after chair Sharon Warburton stepped down.

York Civil has been awarded a contract by the Pilbara Ports Authority for upgrades at Port Hedland, estimated to be worth about $30 million.

Osborne Park-based EMCO Building has been awarded a state government contract worth $37.6 million for the first stage of construction of Butler North secondary school.

Local contractor MACA has secured nearly $40 million of work, including contracts for Panoramic Resources and Sandfire Resources in Western Australia worth up to $12 million.

The state government has announced Fremantle Ports will go to the market to lease the two container shipping terminals at North Quay.

Bassendean-based Highway Construction and Central Earthmoving have secured road construction contracts worth about $29 million, while Sheffield Resources has awarded a number of contracts at its mineral sands project near Broome.

Two Perth-based contractors have secured new work, with Decmil Group locking in a $NZ24.3 million ($22.7 million) contract for two schools in New Zealand, while NRW Holdings will undertake work for Rio Tinto in the Pilbara.

Prime Minister Malcolm Turnbull has today announced $3.2 billion of federal government funding for Western Australian infrastructure projects ahead of next month’s budget, however, there is still uncertainty around the timing of a number of those projects.

Perth Airport has received the highest rating of Australia’s four biggest airports and registered a spike in profits during the past financial year, according to a report from the consumer watchdog.

Business News has been tracking WA’s largest private companies for more than 20 years and found most have experienced big changes over that time.

West Perth-based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney-based commercial property lender Think Tank Group for $10.9 million.

Engineering giant CIMIC has reaffirmed its full-year profit guidance after lifting first-quarter profit 7 per cent to $172 million.

Perth-based engineering company ADRA Group has announced former EWS chief executive Robert Osborn Jr as its new leader.

Dowsing Concrete and Axiis Contracting will split an $18 million contract for concrete work associated with the Public Transport Authority’s bus stop upgrade program over the next five years.

Local contractor SRG today announced the purchase of New Zealand-based TBS Group for $NZ35 million ($32.9 million), with a $24 million capital raising being used to part-fund the acquisition.

The Perth’s Children Hospital is on track to receive its first patients in May after the chief health officer today gave the facility’s water quality the green light.

A joint venture between Perth-based companies SRG and Georgiou Group has been awarded a $43.4 million contract for road upgrades in rural NSW.

The private consortium planning a $400 million waste-to-energy plant in Rockingham has signed a 20-year supply agreement with the Eastern Metropolitan Regional Council and been selected as the preferred tenderer by the City of Cockburn for a similar supply deal.

Surveying company Veris has announced it will purchase east coast-based advisory services firm Elton Consulting in cash and scrip for an initial outlay of $12 million.

Engineering firm GHD has secured a contract with the City of Wanneroo to design a second carriageway at the northern end of Marmion Avenue.

WBHO Infrastructure has been awarded a $41 million contract to upgrade the Great Northern Highway between Maggie Creek and Wyndham in the Kimberley region.

The state government is planning to build a large roundabout and reconfigure High Street east of Fremantle in an area that continues to face heavy congestion after the scrapping of the Roe 8 project last year.

Decmil Group has launched a major board restructure that includes the retirement of company founder Denis Criddle, as it posted an interim loss but pointed to strong revenue growth in the coming year.

Labour hire and construction services company The Go2 People has secured a contract to become the exclusive registered builder for a holiday home project on Dirk Hartog Island, off the coast of Western Australia near Shark Bay.

Local contractors have expressed concern that work on the next two Metronet rail projects, worth about $1 billion, could be packaged together for tendering purposes.

Badge Constructions has been awarded a $5 million contract to build a shipside support tower at BAE Systems’ Henderson facility to support its frigate upgrade project.

The state government will review the security of payments for local subcontractors, while also establishing an industry advisory group, chaired by experienced barrister John Fiocco, to facilitate the review.