SERCO GROUP PLC - Oman Military Training College not to proceed.

PR Newswire UK Disclose, February, 2008

 
Oman Military Training College project not to proceed 
 
25 February 2007 
 
Since February 2004 the Training College Consortium, a 50:50 joint venture 
between the Bahwan Engineering Group and Serco Group plc (Serco), has been 
bidding to build and operate a military training college in Oman on behalf of 
the Oman Ministry of Defence. 
 
The Training College Consortium has been informed that the Oman Ministry of 
Defence no longer wishes to proceed with its project. 
 
The anticipated annual operating revenue to Serco was A[pounds sterling]7m per annum from 2011 
for 17 years. 
 
Serco will announce its preliminary results for the year to 31 December 2007 on 
27 February. 
 
Ends 
 
 
Notes to Editors 
 
Serco is an international service company which combines commercial...

            
        
    
    	    
                
                
	

		

					 
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