M&R’s Clough receives preferred proponent status for Australia transport project

JSE-listed engineering and construction group Murray & Roberts (M&R) reports that its subsidiary Clough’s joint venture with Acciona has received preferred proponent status on a contract valued at about R2.4-billion for the transportation infrastructure upgrade on behalf of Main Roads in Perth, Western Australia.

The project will start towards end of this year and will run for the next two years.