Group Five 'succeeded with transport, energy and water projects'
11 August 2010
African construction firm Group Five is set to continue its infrastructure developments in water, power and transport sectors.
This is according to chief executive officer (CEO) Mike Upton, who spoke about the company's future following the publication of recent performance results.
Referring to the year to-date, he said: "We successfully delivered 2010 World Cup contracts and extensive national infrastructure work in ports, roads, water and energy."
These include projects such as the King Shaka International Airport, located in Durban, South Africa.
Mr Upton stated the firm will continue its work and focus on the government's public works programme.
He says the outlook for primary infrastructure and private-sector fixed investment in the continent "has started to improve".
And the CEO added the performance result was "robust" - particularly during volatile and uncertain markets.
Group Five employs a total of 12,000 people across Eastern Europe, Africa, the Middle East and the Indian Ocean Islands.