Macmahon awarded NSW rail contract

Perth-based construction group Macmahon Holdings has been awarded $130 million by the New South Wales government in a 50:50 contract with Bouygues Travaux Publics Australia to deliver the North Strathfield Rail Underpass Project.

The project will involve the construction of a new rail underpass, 3km of new track and civil and associated rail systems works.

"Today's contract award is a strong endorsement of the Macmahon team in New South Wales, which has successfully delivered a range of public infrastructure projects over recent years," chief executive Ross Carroll said.

Works will start immediately, with construction scheduled to be completed in late 2015. About 400 people will be employed for the project.

Macmahon shares were steady at 26 cents at close of trade today.