The Wolverhampton-based building and support services firm Carillion has said that it is looking for more opportunities in Middle East to report an adequate growth rate for the financial year. The company performed well in Abu Dhabi and Oman and that would offset the losses it has met in the crisis hit Dubai.

The firm reported a significant growth rate from its operations in the UK, the Middle East and Canada that helped to strengthen its balance sheet despite many challenges in the way in the wake of global financial crisis and economic uncertainties.

UAE, accounting for 20 per cent of its Middle East revenue, did not prove growth oriented market for the firm due to decline in its business activities in Dubai. However, the firm claims good revenue from its Middle East construction services arm during the fiscal.

John McDonough, Chief Executive of Carillion informed that the firm is bidding for projects worth £4 billion in Abu Dhabi. It got contract worth £275 million for building a new parliament building in Oman besides a contract to build new headquarters for the Abu Dhabi Investment Council.