UK: BURFORD HOLDINGS PLANS SHELL JOINT VENTURE

Article Abstract:

UK property company Burford Holdings is holding negotiations over a possible joint venture with Anglo-Dutch oil company Shell. The GB[pound] 250mn venture would involve the construction of a rail-based distribution and manufacturing park on the Carrington chemicals complex owned by Shell in Manchester. It would also see the restoration of a disused line between Altrincham and Irlam, in order to provide manufacturers with direct links to Europe. A growing network of similar rail-freight parks in the UK is offering convenient access to national and international railways. Around 8,000-14,000 jobs would be created at the 'Trafford Interchange-Manchester', 1,200-acre site, providing a welcome boost to the economy of the region.

Railroad Freight Operations, Commercial and Institutional Building Construction, Nonresidential Buildings NEC, Construction, Rail freight, Shell, Buildings, Burford Holdings PLC

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UK: CARILLION WINS RAILTRACK CONTRACT

Article Abstract:

Railtrack has awarded construction firm Carillion's joint venture with Alstom of France a five-year maintenance contract. The GB[pound] 140mn deal covers more than 1,400 signals, 572 miles of track and 840 sets of points in the Preston area of the UK.

Railroad Passenger Operations, Capital expenditures, New orders received, Engineering Services, Engineering & Architectural Svcs, Passenger rail services, Contracts, Alstom S.A.

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UK: NEW PHONE MAST JOINT VENTURE PLANNED

Article Abstract:

Railtrack, the UK track operator, and Marconi, the telecom equipment company, have announced plans to form a 50:50 joint venture called Euromast to establish a network of 5,000 masts for next generation mobile phone services on Railtrack land. Railtrack will receive a stake of up to 15% in Marconi's Ipsaris business in return for the use of its land. Railtrack is also planning to use the masts to upgrade internal communications between signals and trains to the digital age.

Heavy construction, not elsewhere classified, Strategy & planning, Other Communications Equipment Manufacturing, Communications equipment, not elsewhere classified, Communications Eqp NEC, Management, Brief Article, Telecommunications equipment industry, Telecommunications equipment, Abstract, Marconi, Euromast

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