By Adria Calatayud

Vinci said a consortium that includes its Australian subsidiary Seymour Whyte and engineering company SMEC won a contract to modernize a dam near Brisbane in Australia.

The French construction group said Friday that the project is valued at more than 86 million euros ($94.7 million) and includes upgrades to access roads and the dam's filtration system, among other works. The project seeks to increase flood capacity for greater climate-change resilience, it said.

Construction works will take around two years to be completed, Vinci said.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

December 22, 2023 02:02 ET (07:02 GMT)

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