1/05/2009

UPDATE 1-Ferrovial's units win Polish road order

A group that includes Spanish builder Ferrovial (FER.MC) and its units Cintra (CCIT.MC) and Budimex BMEX.WA have won a major road deal in Poland, Budimex said on Monday.

Spanish newspaper Expansion reported that the contract could be worth 1.8 billion euros ($2.51 billion).

"The deal ... is now at the Ministry of Infrastructure, which needs to consult the Finance Ministry," said Krzysztof Koziol, spokesman at Polish Budimex. "Nobody has thus far settled the price."

Autostrada Poludnie, controlled by Ferrovial, Cintra and Budimex, is to build the 180-kilometre toll road between Strykow in Central Poland and Pyrzowice in the South.

Budimex is also the favourite to win a second motorway project in Poland worth 1 billion euros, Expansion said.
Source: By Tracy Rucinski, Adrian Krajewski, Will Waterman, .reuters.com

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