Source - LSE Regulatory
RNS Number : 8680E
Costain Group PLC
09 July 2019
 

Costain Group PLC

("Costain" or "the Group" or "the Company")

 

COSTAIN APPOINTED TO DELIVER MAJOR REDEVELOPEMENT OF GATWICK AIRPORT STATION

 

9 July 2019

Costain, the smart infrastructure solutions company, has been appointed by Network Rail Southern Region to deliver the £150 million redevelopment of Gatwick Airport station.

 

Costain, which previously led the scheme through its planning and design stages, will now undertake the improvement works needed to create a safer, more convenient interchange between the station platforms and Gatwick International Airport.

 

Work is expected to begin in early 2020 and be completed during 2022.

 

Gatwick airport is the UK's second busiest airport with the rail station one of the 10 busiest stations in the UK outside of London, handling in excess of 20 million passengers annually. The redevelopment works will provide crucial increased capacity to support airport growth and a significantly enhanced passenger experience.

 

 

Alex Vaughan, chief executive officer, commented:

 

"The development at Gatwick will transform the existing station and provide a greatly enhanced experience for airport and passengers.

 

"Costain's extensive capability to deliver complex programmes, using leading edge smart technology, will ensure travellers are kept moving at every stage of the works, minimising disruption during this capacity-critical redevelopment."

 

Enquiries:

 

Costain

   Tel: 01628 842 444

Alex Vaughan, Chief Executive Officer


Tony Bickerstaff, Chief Financial Officer


Carolyn Rich, Investor Relations Director


Sara Lipscombe, Group Communications Director

   

 

Instinctif Partners

Tel: 020 7457 2020

Mark Garraway


James Gray


 

Notes to editors

 

Costain helps to improve people's lives with integrated, leading edge, smart infrastructure solutions across the UK's energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency.  Our vision is to be the UK's leading smart infrastructure solutions company.  We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets:  shaping our future infrastructure; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery.  Our culture and values underpin everything we do.

 

For more information visit www.costain.com 

 

 

 


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