Wednesday, February 16, 2011

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NEW YORK: OHL achieves contract New York Metro 132.7 million


OHL has been awarded a works contract Metro New York for an amount of 176.5 million dollars (about 132.7 million euros), the company said construction, services and concessions.

The project marks the entry of the group that controls and chairs Juan Miguel Villar Mir in the works of the suburban American city. It also strengthens its presence in the United States and its internationalization.

also is the first contract OHL achieved through Judlau Contracting, one of the builders it has in the United States since he took control last November.

This new U.S. subsidiary of English construction group has just come out with another contract in the city of skyscrapers, the improvement of the Henry Hudson Bridge, which connects the West Side of Manhattan with Bronx, for $ 32.8 million (about 25.4 million euros).

As for the Metro project, is implementing the rehabilitation and expansion of the Street Station 63 (the 63 Street Station), to allow passage of new rail line under the expansion program This suburban.

The works require, among other actions, the construction of six new levels in a cave over 35 meters high located east of the current season. These levels will house the technical equipment required for mechanical and electrical operation of the new season, plus all the facilities for the operation of the new area of \u200b\u200bcontrol.

addition, this project, part of Avenue Subway Program '2 ', integrates all entrances, elevators and access needed to connect the platforms to street level.

BRIDGE BETWEEN MANHATTAN AND THE BRONX.

Regarding the bridge works, include the construction of a new pedestrian access (following demolition of the existing, currently out of service), security and lighting facilities, repairing structural elements (beams, columns and elements of assembly), and the replacement of devices antis, among other repairs.

This bridge recorded a traffic of 35,000 vehicles per day and this work is to facilitate pedestrian access with enhanced security.

With this new contract in the United States, OHL takes another step in its internationalization strategy, through which, at the end of last September, the group obtained the foreign market, 67.3% of total sales and 94.6% of Ebitda.

The company said then its expectation that these rates will continue grow in the future, as international business and then in September copaba 91% of its portfolio of contracts outstanding long-term run, and 56.4% in the short term.


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