Balfour Beatty VINCI JV Gets HS2 Contracts Valued at GBP2.5 Billion

By Razak Musah Baba Features Dow Jones Newswires

Balfour Beatty PLC's (BBY.LN) VINCI joint venture has received two contracts worth a total 2.5 billion pounds ($3.22 billion) for High Speed 2, the proposed high-speed railway linking London, Birmingham, the East Midlands, Leeds and Manchester.

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The international infrastructure group said together with VINCI Construction it will deliver on a two-part design-and-build contract.

Main construction work is scheduled to start in 2018-19, following a period of detailed design work, Balfour Beatty said.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

(END) Dow Jones Newswires

July 17, 2017 04:32 ET (08:32 GMT)