Balfour Beatty to deliver Gatwick capital investment programme

Gatwick Airport has selected Balfour Beatty to undertake a range of projects as part of its new £1.2Bn capital investment programme.

The Company has been selected for two frameworks, the Low Complexity Build and Low Complexity Civils Framework, in addition to the Medium Complexity Build Framework.

The projects delivered through these frameworks will be procured over the next five years.

There were a total of 127 bidders for the workload, with only 17 of those successful.

Balfour Beatty has a long standing relationship with Gatwick, for which it has delivered over 500 projects, including upgrades to the security lanes, the Pier 11 build, and the £50 million refurbishment of the North Terminal.

Earlier this month, Mayor of London Sadiq Khan, welcomed news of the airport’s plan to increase its overall investment by £200M as part of plans to transform the airport.

Mr Khan, said: “Gatwick is the front door to London for millions of visitors to our city and I salute their decision to spend another £200m on improvements to the airport. They have put together a formidable plan that is a fantastic display of their confidence in London.

“The new Prime Minister has a very important decision to make regarding new airport capacity, and I urge her to rule as swiftly as possible in favour of a second runway at Gatwick, which would bring substantial economic benefits.”

It is hoped these plans will help to support Gatwick’s continued record growth. Since 2009, the number of passengers has increased from 31 million annual passengers to 41 million annual passengers. This is ten years ahead of the airport’s projected figures of growth.

Gatwick Airport CEO Stewart Wingate said:“ As Gatwick rapidly approaches full capacity, this increased investment paves the way for our second runway project. As we enter a new era for Britain, we must be agile and decisive as a country to show the world that we are open for business.

“It is now clear that only Gatwick can deliver the runway Britain needs to boost international competitiveness and trading links at a time when it is most needed, and we can do that before 2025.

“This investment will also make sure that we can continue Gatwick’s record growth and transformation. Our total investment since coming into private ownership now stands at £2.5Bn as we operate the World’s most efficient single runway airport.”

 

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