Galliford Try wins dual carriageway contract

House-building and construction group Galliford Try has been awarded a contract to construct the A380 South Devon Link Road for Devon County Council and Torbay Council.

House-building and construction group Galliford Try has been awarded a contract to construct the A380 South Devon Link Road for Devon County Council and Torbay Council.

The £80m deal will see the company design and build a 5km duel carriageway between Newton Abbot and Torquay, bypassing the village of Kingskerswell, beginning this month and completed by the end of 2015.

Greg Fitzgerald, Chief Executive of Galliford Try, said: "We are delighted to be awarded this major and prestigious contract which will result in significant economic and environmental benefits and also improve safety.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

"The link road is a great opportunity for us to further strengthen our presence in the south-west, a region where we are well established as a housebuilder."

NR

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.