Proactive Investors - Run By Investors For Investors

Interserve wins £110 mln UK prison contract

Services, maintenance and building group Interserve PLC LSE: IRV) said it has been awarded a £110 million contract to design and construct a new prison for the Ministry of Justice. The facility, to be known as HMP/YOI Isis, will be situated within the current Belmarsh prison campus site in Woolwich.

The new, 480-place training prison for young adult males is to be constructed to Category B security standards on underused land within the existing HMP Belmarsh perimeter wall. Construction is expected to be complete by the middle of 2010.

Register here to be notified of future IRV Company articles


Related Articles

June 11
The Barts study yielded some impressive results, with yet another key opinion leader endorsing the potential of ANGLE's Partsortix device.
December 11 2014

AIM-listed Milestone Group is taking social responsibility to the next level. The firm officially launched its Passion Project this week, helping 16-24 year olds identify and develop their skills and passions, but it's also a revenue generator for the firm.

September 07
In the UK, which accounts for more than a third of the company’s business, Wreford reckons things are looking particularly strong.

© Proactive Investors 2015

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.