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FINANCIAL NEWS
Abu Dhabi- HLG, John Holland join hands
28 Sep 2010
(MENAFN) Al Habtoor Leighton Group (HLG), a joint venture between the Al Habtoor Group and Australia’s Leighton, said that it has united its forces with Australian rail contractor John Holland to form Advance Rail Group (ARG) in an attempt to pursue $75 billion in future rail jobs in the GCC region, Gulf News reported.
ARG is Abu Dhabi-based and it is expected to become the region’s most formidable rail contractor, merging the local knowledge of HLG with the technical expertise of John Holland, a specialist international rail contractor with more than 40 years’ experience.
John Holland is a wholly owned subsidiary of Leighton Holdings, which is HLG’s largest shareholder.
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