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Interserve wins £200 mln contracts in UK and Middle East

Services, maintenance and building group Interserve PLC said it won contracts in the UK and through its Middle East associates worth more than £200 million.

In the UK, it won facilities management contracts from Ealing Council and from Leeds Partnership NHS Foundation Trust, and it won two construction projects in Dubai: an extension to the Mall of the Emirates; and a multi-purpose hall for the Government Engineer's Office.

In Ealing, Interserve has been named preferred bidder to deliver a total facilities management contract for 10 years, worth £5 million a year for the core sites, with the potential to provide additional services to any of the borough's 91 schools which choose to opt in.

The contract in Leeds is through Equitix which, in a Private Finance Initiative (PFI) project, owns and operates seven sites in Leeds providing a range of mental health services. Interserve, which has been working with the Trust in other contracts since 1998, will

employ an additional 150 staff to supply and manage a number of services worth

in excess £50 million over a 19-year period.

The Middle East construction projects have been awarded to Khansaheb Civil Engineering, in which Interserve has a 45 percent stake. Khansaheb originally built the Mall of the Emirates. Owner Majid Al Futtaim has now commissioned a £50 million expansion project there. The multi-purpose hall being constructed for the Government Engineer's Office will cost approximately £50 million.