Doric and Projenco team up

CONSTRUCTION and property development company, Doric, has formed a long-term alliance with management consultancy firm, Projenco, in a bid to increase Doric’s revenue by $50 million a year. The partnership will allow Doric to significantly expand its engineering construction division, which is set to complete its first project of five railway stations on the new Perth to Mandurah southern rail line for the state government. Mount Pleasant-based Projenco has provided management consulting advice on a variety of major projects with capital costs of up to $1 billion, including the expansion of BHP Billiton’s Port Hedland operations, the Perth Seawater Desalination Plant, and the new Perth to Bunbury Highway project for Southern Gateway Consortium. Doric business development manager Keith Somers said the alliance, which included the appointment of Projenco directors Des Alach, Greg Elliott and Peter Walkemeyer to Doric, would further bolster its construction engineering division by helping it target new blue-chip resource and public sector construction projects. Projenco director Des Allach said it was the firm’s first long-term alliance with a construction company, with the parties aiming to work together for at least the next five years. “Normally we form alliances project by project, but through this alliance with Doric we hope to share in bigger, longer term projects,” Mr Allach said. Doric is anticipating a 2006-07 financial year turnover of $300 million.


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