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10Feb94 UK: TH IN JOINT VENTURE OVER PRIVATE PRISONS - TRAFALGAR HOUSE.

The race to build private prisons in the UK hotted up this week when Trafalgar House said it had formed a joint venture with US prison manager Wackenhut Corporation.The new company, called Premier Custodial Development, will bid for the finance, design and construction of private prisons in a market worth around £300 million so far.PCD is only the second joint venture to target prisons.UK Detention Services - which brings together Mowlem, Sir Robert McAlpine and Corrections Corporation ...

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