Why the NRW (ASX:NWH) share price is flying higher today

The NRW Holdings Limited (ASX: NWH) share price flew higher today after the company released two major announcements to the ASX market.

In early afternoon trade, the diversified service provider’s shares reached an intraday high of $3.02. The NRW share price has since retreated, closing at $2.86, up 3.25% at the end of trade.

Upgrade road works

In today’s release, NRW advised that its H2H joint venture has been selected as a preferred proponent for the Mitchell Freeway Southbound Upgrade. NRW is a 50% partner in the joint venture.

Located in Perth, the Mitchell Freeway Southbound Upgrade will provide motorists a safer and more efficient road system. The project will be used to support population growth and promote development…