Gammon Capital is preferred bidder on £90m project, the firm's first PPP outside the UK
An arm of Balfour Beatty has been appointed to build a college in Singapore in the firm’s first PPP project outside of the UK.
The group said Gammon Capital, its South East Asian PPP vehicle, had been named preferred bidder for the Institute of Technical Education College (ITE) West.
The £90m project, which has a contract period of 27 years, is scheduled to complete by January 2010. The campus will include training rooms, laboratories and lecture theatres plus sports facilities and technology centres.
Building work will be carried out by Gammon Construction, in which Balfour Beatty and Gammon Capital each have a 50% interest.
Gammon will also be responsible for long-term facilities management, including mechanical and electrical maintenance and waste management.
Balfour Beatty chief executive Ian Tyler said: “We are delighted to have been selected by ITE to play such a key role in the next stage of their development as a global leader in technical education.
“This is our first PPP project outside the UK and is an important step in our strategy of creating sustainable PPP businesses in selected geographic markets.”