July 25, 2021

Ferrovial is awarded the maintenance of the roads between Manchester and Liverpool for 366 million

Ferrovial is awarded the maintenance of the roads between Manchester and Liverpool for 366 million


G. G. S.

MadridUpdated:

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Ferrovial strengthens its presence in the United Kingdom. The company chaired by Rafael del Pino has been awarded the maintenance of the road network that connects Manchester and Liverpool for 366 million pounds, which amounts to about 325 million euros.

The contract, which will last 15 years, has been awarded to the subsidiary of services of Ferrovial, Amey. This company will take care of a network of 501 kilometers of portals in Cheshire, Merseyside, Greater Manchester and Lancashire. The agreement, as detailed by the company, also includes the repair of damages, as well as the response to emergencies and adverse weather conditions.

In a statement, Ferrovial stressed that it has the commitment of automate all maintenance processes before 2030 to avoid risks for workers.

With this contract, the service subsidiary of the listed company increases its commitment to the United Kingdom, a country where it is already responsible for the maintenance of Area 7, which comprises 787 kilometers of roads in the East Midlands region, and the execution of maintenance and improvement of 658 kilometers in Areas 13 and 14.

The intention of the company, however, to select "prudently" the projects offered by the United Kingdom due to the uncertainty generated by the Brexit. In 2017, the British country contributed 32% of the group's sales and 37% of its Ebitda.

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