GFC does not effect Abigroup growth

The first nine months of 2009 saw Abigroup secure $A3.2 billion in new work. It is expected that the months leading up to 2010 will see the continuation of this financial growth with the accumulation of another $A2 billion.

Commenting on the growth, Abigroup Managing Director David Jurd attributed a part of the success to new projects such as the Adelaide Desalination plant.

“The desalination plant project is a good illustration of why we’ve not suffered as much as we could in the GFC. [The plant] is one of several large projects currently involving our water business and we also have our telecommunications and mining services businesses as well as new offices in Tasmania, Western Australia and South Australia,” Mr Jurd said.

To read more about the Adelaide desalination plant project, click here.

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