Decmil Group wins $60m contract by VicRoads

Company News

by Jessica Amir

Decmil Group (ASX:DCG) the construction and engineering company, has been awarded a $60 million VicRoads contract to build a section of highway in Victoria.

The contract involves constructing 8.9 kms of road duplication in the Western district of the state.

Construction between Warncoort and Colac East on the Princes Highway kicks off immediately and is set to be completed in April 2019.

The latest contract adds to its VicRoads FY18 works on hand of $30 million.

Shares in Decmil Group (ASX:DCG) are trading 2.8 per cent higher to $1.28.

Jessica Amir

Finance News Network
Jessica is a senior finance journalist and presents bulletins including the Market Outlook, Market at Midday and Market Wrap. She also interviews ASX CEOs and leading fund managers. She joined FNN in January 2017 with over six years of broadcast journalism experience including with Sky News Business, ABC 1, ABC's The Business and ABC24. She’s also worked as a TV reporter for Prime 7 and WIN News. Jessica has worked in financial planning for over six years with leading wealth managers and in real estate.