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

By FeaturesDow 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.

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

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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)