Duratec, Ertech JV bags $39m contract from Aus govt agency
Duratec Limited said that its joint venture (JV) with Ertech Group has bagged an AUD 53 million ($39 million) design and construction wharf project contract from an Australian government agency.
While Duratec is an Australian engineering, construction, and remediation contractor, Ertech is a civil construction business, which is also based in Australia.
Duratec said that initial works have started and the project is slated to be completed in September 2023.
The Duratec – Ertech JV (DEJV) was created in 2019.
Phil Harcourt — Duratec Managing Director said: “Both companies have significant individual strengths in large-scale maritime construction, but our close history and relationship also means we can leverage corporate and cultural synergies to deliver the best project solution for clients.
“We are well-regarded for the ability of our experienced teams to deliver in often very challenging conditions, while also understanding the importance of maintaining Defence capability and security.”
Recently, Duratec had won AUD 32 million worth orders pertaining to the defence industry.