Global engineering, construction, and services firm KBR (NYSE:KBR) announced yesterday that its joint venture with John Holland had been selected by Australian utility operator Melbourne Water to deliver EPC services for water, wastewater, and drainage projects in Melbourne over the next three years.
The joint venture with John Holland is one of two joint ventures that will deliver engineering, procurement, and construction services as part of Melbourne Water's 2013 capital works program.
Commenting that the improvements to the infrastructure would use an "innovative new delivery model," KBR Infrastructure, Government, and Power Group President Andy Summers said: "KBR's 60-year history building some of Australia's largest infrastructure projects positions the company well to deliver the best water solutions to the region."
Over the past 10 years, KBR and John Holland have delivered more than $8 billion worth of water infrastructure projects and more than $10 billion in general infrastructure projects in Australia.
Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.