Outsourcing firm Serco Group is part of a consortium chosen to provide and operate a new prison to be built at Wiri, South Auckland, New Zealand.
The prison is set to open in mid-2015, and Serco will operate the prison for 25 years. Its partners in the consortium include Fletcher Construction, John Laing and Spotless.
From date of opening, Serco's operating contract is anticipated to have revenues of around £15m a year with revenues in the pre-operational phase expected to total around £2m.
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