Balfour Beatty has scooped a £35m contract to deliver a hospital development in north London.
The contractor will construct rehabilitation and therapy suites as well as a five-storey ward for The Royal National Orthopaedic Hospital NHS Trust.
Work got under way this month and is expected to finish in autumn 2018.
There will be opportunities for local labour and SMEs to be involved in the project, Balfour Beatty stated.
Further phases of the hospital development are in the planning stages and are expected to be rolled out over the next 10 years.
Balfour Beatty today announced it had sold a proportion of its interests in five street lighting PFI projects for £33m.
The deal was made with funds managed by investment firm Equitix.
These funds will take 80 per cent of Balfour’s interests in 25-year PFI agreements with local councils in Sunderland, South Tyneside, Coventry, Cambridgeshire and Northamptonshire.