Lendlease will target major UK infrastructure projects, its European construction boss has said.
Speaking exclusively to Construction News, managing director Neil Martin said the firm had already submitted “a couple of PQQs” for infrastructure contracts.
Mr Martin said he hoped to leverage the experience and skills of Lendlease’s Australian business, where the firm has completed a number of major projects, including Brisbane’s Kurilpa Bridge and the Adelaide Oval redevelopment.
Mr Martin’s predecessor Michael Dyke spoke about the firm breaking into the infrastructure sector in 2012, but until now this had not materialised.
However, Mr Martin said the time was now right. “It’s no secret the amount of money the government is pouring into infrastructure,” he said.
“If we have a global capability and there’s a big programme of work in the UK, we should see that as an opportunity, and we are going through that at the moment.”
Mr Martin said the bids submitted on unnamed projects were being used partly “to test the water”.
He added: “I don’t expect us to make significant inroads this year but in three years’ time I should be able to tell a coherent story.”
When asked whether Lendlease would look to work in joint ventures on projects, Mr Martin said it was “looking at all arrangements”.
He also applauded the recent establishment of the National Infrastructure Commission, to be chaired by former Labour transport minister Lord Adonis.
He said: “The difficulty is seeing opportunities come to the market, but there’s been more movement on infrastructure than we have had in the last few years; that can only be a good thing.”