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Old June 20th 07, 08:52 PM posted to uk.transport.london,uk.railway
The Good Doctor The Good Doctor is offline
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First recorded activity at LondonBanter: Jun 2007
Posts: 7
Default London Overground Concession Award

On Jun 19, 7:59 pm, "Paul Scott"
wrote:
"Roland Perry" wrote in message

...

In message . com, at
03:52:52 on Tue, 19 Jun 2007, Boltar remarked:
The winner of the London Overground concession is MTR Laing according


Sounds like a sensible decision. Why pick people who already have
years of experience running railways when you can pick a building
firm.


But isn't Laing Rail actually Chiltern, and the construction business was
sold off years ago. The Evening Standard in London is apparently saying
the Chinese have won the bid, though. Not sure what that means.


I looked up Laing's site earlier, and Laing Rail is only a small part of
what they do, and as you say they don't seem to describe themselves as in
construction at all, much more infastructure project management and
operators. I guess they must subcontract any actual building work, I don't
think they actually built any of the Evergreen project on the Chiltern lines
for instance. There is also a Laing Homes - but I can't see any connection
with them at all.



The Laing Group used to include John Laing Construction and Laing
Homes, a major civil engineering and building contractor and a major
housebuilder respectively.

John Laing Construction built the Millennium Stadium in Cardiff, which
has staged the FA Cup and League Cup football finals for the last few
years while the new Wembley Stadium was built.

The Millennium Stadium was completed on time and within budget.
However, it was a fixed price contract and technical problems meant
that it cost John Laing Construction over £40 million more to build
than they got paid.

This very large loss was more than the company could stand. The
remains of John Laing Construction were sold in their entirety to the
O'Rourke Group and now trade as Laing O'Rourke. Laing Homes was sold
to George Wimpey and continued to trade under the same name (although
that may change as Wimpey has recently agreed to merge with Taylor
Woodrow).

This left Chiltern Railways plus facilities management and PFI
(Private Finance Initiative) projects as the main activities of the
John Laing group.

MTR is the Mass Transit Railway Corporation of Hong Kong, China. MTR
procured and operate Hong Kong's mass transit railway system including
the high speed lines to the airport.