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 the Market Outlook, Market at Midday and Market Wrap. She also presents ASX company news and interviews CEOs. She joined FNN in January 2017 with six years of broadcast journalism experience. She worked as a journalist and producer with Sky News Business, ABC 1, ABC's The Business and ABC24. She also worked in regional Australia for Prime 7 and WIN News as a TV reporter. In her prior life she worked as a financial planner.