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Brierty secures $25m in new contracts

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Brierty Ltd has secured four new contracts to deliver civil construction services to industrial and residential land development projects in Western Australia.

  

The projects, totalling $25m, have started with the revenue contributing to FY11 income.
Three of the new contracts are with Landcorp to fast track the readiness of industrial land in the Pilbara region to meet the needs of businesses servicing the oil and gas and mining sectors.
They include Karratha's Gap Ridge Village Industrial Estate, the Newman Light Industrial Area and Port Hedland's Light Industrial Area, all locations earmarked for significant future development.
The fourth contract is with LWP Property Group for the first stage of Trinity Alkimos, a multi-stage residential development in Perth's coastal corridor, 15km north of Joondalup.
Brierty MD Stuart Crofts said the company has seen a healthy increase in land development opportunities in both regional and metropolitan areas across WA, and the business unit delivering these projects has grown from strength to strength on the back of this trend.
“Brierty's recent contract wins are well aligned with the company's regional expansion plans for the North West of WA,” Crofts said. “As the WA economy responds to the recovery in the resources sector, the demand for residential and industrial land and infrastructure required to support the economy will continue to grow.”
The urban and industrial development of the Pilbara will be further enhanced under a ground-breaking state government initiative aimed at encouraging more people to live in the region. Launched in November last year, the Pilbara Cities blueprint will be jointly supported by governments as well as private sector investment, with the aim of establishing Karratha and Port Hedland as major cities in the North West.
 


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