Laing O'Rourke facing £80m losses on Canadian PFI hospital

摘要

Laing O'Rourke has racked up losses of up to £80m on a delayed PFI hospital scheme in Canada, Building understands. The other construction firm working on the scheme - Spanish contractor Obrascon Huarte Lain (OHL) - last week told the Madrid stock exchange it had lost €105m (£90m) on its deal for the Centre Hospitalier de l'Universite de Montreal (CHUM) in Montreal. OHL brought in Laing O'Rourke to help design and build the giant project (pictured) - which is the largest healthcare construction project in North America at 3 million ft2 across 21 storeys and carries a C$2.1bn (£1.2bn) price tag - less than 12 months into the scheme at the end of 2011.