GRT bid paves roads to India

November 7, 2013

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Jenny Rogers |

Global Road Technology’s soil stabilisation and trench compaction products will be used to build highways in India. Pic: Supplied

BUNDALL-based infrastructure company Global Road Technology has inked a $115 million road-building deal with Indian construction and energy giant Triace.

The three-year contract will enable the company to put its instant highway technology to work on projects covering 7000km of Maharashtra, India’s most populous and third largest state.

The Triace deal followed the recent signing of a joint venture agreement between GRT and India’s Pearls Group to form Pearls GRT.

Pearls Group is the parent company of Pearls Australasia, which bought the Sheraton Mirage resort for $62.5 million in 2009 and undertook a $26 million makeover.

GRT’s technology director Ben Skinner said the deal was a sign of the Gold Coast-based company’s intent to be a world leader in road infrastructure development.

“Our technology provides a cost-effective and time-efficient solution to the development of road infrastructure in both remote and developing nations,” he said.

He said up to 6000sq m of road would be applied a day using GRT’s products, as opposed to traditional methods that take up to a month to lay a kilometre of road.

GRT uses special compounds to build roads that are stronger, safer, cheaper, longer-lasting and quicker to install than conventional roads.

Their technology makes it possible to quickly seal poor roads in countries such as India and China to reduce fatalities.

GRT already has a presence across Asia, India and South America.

The company is working with major companies across the mining, oil and gas and government sector.

Mr Skinner said GRT polymers could be mixed with in-situ materials to create a range of road surfaces across a variety of landscapes.

Source-http://www.goldcoast.com.au