Monadelphous wins work in New Zealand

Local engineering firm Monadelphous Group has won a $58 million contract to build an irrigation pipeline in New Zealand.

Monadelphous said this morning the contract involved the supply, installation and commissioning of a 130-kilometre water pipeline network north of Christchurch in the south island for Amuri Irrigation Company.

The pipeline network will deliver pressurised irrigation water from an existing canal system to a large number of demand offtakes for farming in the region.

Work under the contract is expected to be completed by September next year.

Monadelphous managing director Rob Velletri said the contract win was another important milestone in the company’s diversification strategy.

“This significant contract continues to build on our strong track record in the delivery of irrigation projects and strengthens our position in the growing water infrastructure market in New Zealand,” he said.

The Amuri Irrigation Company irrigates over 20,000 hectares of land from the Hurunui and Waiau rivers.

It is run by an elected board of directors made up solely of farmer shareholders of the company.

Monadelphous shares were 2.1 per cent lower to $9.57 each at 10:30am.