AECOM has acquired a 30 percent equity interest in SLC Rail, a small and medium-sized enterprise (SME) operating in the rail sector.
AECOM and SLC Rail have a well-established and long-standing working relationship on multiple projects in the UK. The investment deepens the relationship, positioning both organisations to jointly pursue future rail programme, route upgrade and station delivery opportunities from the strongest possible position.
The companies will use their complementary service offerings to accelerate the innovative, faster and lower cost delivery of rail enhancements resulting from SLC's approach to the market, combining SLC's strengths in programme initiation and development with AECOM’s global engineering, programme management and station design expertise.
Rail will play an integral role in both the decarbonisation of the UK's transport network and the UK Government’s levelling up agenda to build a more balanced economy, improving access to jobs, stimulating economic growth and unlocking housing. This is fuelled, in parallel, by a rise in new approaches to infrastructure delivery for regionally important transport projects, including new stations, new rail services and restored railway lines. There is growing market demand for SLC’s expertise in working with local authorities and regional government organisations to help create and implement rail strategies and explore alternative development and delivery methods.
"SLC Rail is an outstanding SME with whom we have a strong existing relationship, and our teams are collaborating today to successfully deliver a number of strategic regional rail programmes," said Mark Southwell, AECOM's managing director of its Civils Infrastructure, UK & Ireland business. "There is substantial potential to apply our joint approach to more programmes, helping to regenerate regions, towns and cities across the UK. AECOM’s investment in SLC strengthens our value proposition to clients, bringing a new approach that will enhance the delivery of vital rail schemes effectively and with pace."
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
25/11/2024
Estilo Interiors has been selected to help Bruntwood SciTech as they invest a further £2.4 million into Birmingham as part of a plan to transform its Mclaren innovation hub. The project, located less than five minutes' walk from the future HS2 Curzon Street Station, will involve the building ...
25/11/2024
Cambridge Investment Partnership (CIP) has reached a significant milestone at Aylesborough Close in Arbury, with the completion of a topping-out ceremony. CIP board members, ward councillors, One Public Estate, Homes England and the CIP team gathered to lay the final brick at the highest point of ...
25/11/2024
Lovell has appointed Nicola Colley as head of land in the West Midlands, boosting the business' expertise in land opportunities. Having previously worked at Lovell for 12 years, Nicola has returned to a brand-new role at the national housebuilder, bringing with her experience from Taylor Wimpey ...
25/11/2024
Stepnell has commenced enabling works for a significant £9 million refurbishment of the Grade II listed Town Hall in Hugh Town, located on St Mary's in the Isles of Scilly. Spearheaded by the Council of the Isles of Scilly in partnership with Scilly Arts & Heritage, the project marks a pivotal ...
25/11/2024
Morgan Sindall Construction has successfully completed the restoration of West Bromwich Town Hall and Library, restoring the significant building to its former glory for the community to enjoy. Prior to the project's handover, Morgan Sindall gave a presentation to the SMBC Members and Town ...
25/11/2024
Persimmon Homes Severn Valley has donated 10,000 bricks to AccXel, the Construction Skills Accelerator Centre in Cinderford. The contribution will enable students at the Gloucestershire-based facility to gain hands-on experience and develop essential skills for the construction industry. The ...
25/11/2024
Nearly a year after work began, significant progress is being made at Huddersfield station as part of the Transpennine Route Upgrade (TRU). This transformative project aims to modernise the key northern transport hub while preserving its rich heritage as a Grade I listed building. One of the ...
25/11/2024
Renovating a property can be a challenging and complex process, especially when integrating new and existing building elements. At R Elliott Associates Ltd, we specialise in helping clients navigate these challenges by providing expert planning, design, and support to pre-empt any potential ...
25/11/2024
Northumbrian Water has announced a significant investment of £3.5 million at its Great Ayton Sewage Treatment Works (STW) to enhance its capacity to manage stormwater. The project involves the installation of a new storm tank capable of holding up to 317 cubic meters of combined rainwater and ...
25/11/2024
Balfour Beatty Flannery, a partnership between Balfour Beatty and Flannery Plant Hire, has trained its 1,000th student at its Operator Skills Hub. With over 250,000 additional workers needed in the construction industry by 2028, Balfour Beatty Flannery's Operator Skills Hub is key in addressing ...