DALLAS, July 12, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) has been selected by Etihad Rail to deliver critical technical and
program consulting services for the UAE's largest and most vital
national freight and passenger railway network. The project will be
built in phases to link the principal centers of population and
industry of the UAE, and will form a vital part of the planned GCC
railway network linking UAE bordering countries and critical
economic centers.
Jacobs will deliver engineering and design services for the
900 kilometer network, review and provide critical oversight for
the detailed designs to be prepared by a network of design and
build contractors, and provide construction supervision for the
entire project.
"We were able to bring together the combined technical resources
and synergies of Jacobs and our recently acquired CH2M team that
presents a fully-integrated service offering for this world-class
rail project," said Jacobs Buildings, Infrastructure and Advanced
Facilities President Bob Pragada.
"This included accessing the best talent across the breadth of our
global network, coupled with a strong local presence provided by
Jacobs in the UAE."
The rail network will ultimately provide enhanced connectivity
across geographic markets and services for both freight and
passengers, with social benefits including lower transportation
costs, faster journeys than highway alternatives and reduced levels
of highway congestion.
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 77,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking statements.
For a description of some of the factors which may occur that could
cause actual results to differ from our forward-looking statements
please refer to our Form 10-K for the year ended September 29, 2017, and in particular the
discussions contained under Items 1 - Business, 1A - Risk Factors,
3 - Legal Proceedings, and 7 - Management's Discussion and Analysis
of Financial Condition and Results of Operations. We do not
undertake to update any forward-looking statements made herein.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs Engineering Group Inc.