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 joined FNN in January 2017 with a passion for equities and funds management. As Head of News, she has been a broadcast journalist for over seven years, specialising in finance. She was a journalist 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 as a financial planner and real estate agent.