Macmahon Holdings Unit Signs AU$50 Million Contract With The State of Victoria

MT Newswires Live

02-03

Macmahon Holdings (ASX:MAH) unit Decmil has signed AU$50 million contract to deliver the Ison Road extension project by the State of Victoria, the company said in a Monday Australian bourse filing.

The Ison Road extension, signed through Major Road Projects Victoria, will connect to its previous contract of the Ison Road overpass, signed for AU$78 million, to form a new freeway link between Melbourne and Geelong and is set to begin early this year and complete in 2026, per the filing.

The company's guidance for the current fiscal year remains unchanged, the filing added.

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