Brierty secures $25m in new contracts

Civil contractor Brierty Ltd has secured four new contracts to deliver civil construction services to industrial and residential land development projects in Western Australia.

The projects, totalling $25m, have commenced with the revenue contributing to FY11.

Three of the new contracts are with Landcorp to fast track the readiness of industrial land in the Pilbara region to meet the needs of businesses servicing the oil and gas and mining sectors.

The Pilbara based contracts include Karratha's Gap Ridge Viollage Industrial Estate, the Newman Light Industrial Area and Port Hedland's Light Industrial Area, all locations earmarked for significant future development.

The fourth contract is with LWP Property Group for the first stage of the Trinity Alkimos, a multi-stage residential development in Perth's coastal corridor, situated 15km north of Joondalup.  Brierty has a proven track record of securing repeat business on multi-stage projects such as this.

Brierty Managing Director Stuart Crofts said the company has seen a healthy increase in Land Development Opportunities in both regional and metropolitan areas across Western Australia, and the business unit delivering these projects has growth from strength to strength off the back of this trend.

"Brierty's recent contract wins are well aligned with the company's regional expansion plans for the North West of Western Australia", Mr Crofts said.

"As the WA economy responds to the recovery in the resources sector, the demand for residential and industrial land and infrastructure required to support the economy will continue to grow."

The urban and industrial development of the Pilbara will be further enhanced under a ground-breaking State Government initiative aimed at encouraging more people to live in the region.

Launched in November last year, the 'Pilbara Cities' blueprint will be jointly supported by State, Federal and local governments as well as private sector investment, with the aim of establishing Karratha and Port Hedland as major cities in the North West.

"Securing these Pilbara based contracts consolidates Brierty's presence in the North West and provides a springboard for future regional growth."

"Our management team is focused on developing the Land Development business in targeted sectors, while maintaining diversity through Brierty's other business divisions", Mr Crofts said.