Graña Y Montero Announces Adjudication of Chavimochic Irrigation Project
December 19 2013 - 8:57PM
Business Wire
Graña y Montero S.A.A. (“Graña y Montero”, “G&M” or the
“Company”), the largest engineering and construction company in
Peru, announced that the Consortium Río Santa - Chavimochic, formed
by Graña y Montero S.A.A, Odebrecht Participacoes e Investimentos
S.A and Constructora Norberto Odebrecht S.A, has been awarded the
concession for the maintenance and operation of the first, second
and third phase of the Chavimochic project, as well as for the
design and construction of the third phase of the hydraulic
works.
The works and irrigable lands of the Chavimochic project are
located in La Libertad region, in the provinces of Viru, Trujillo
and Ascope. This infrastructure project will incorporate 63,000
hectares for modern agriculture and will improve the irrigation of
47,000 hectares in northern Peru.
The estimated investment will be of USD 700 million, and the
concession period will be of 25 years.
About Graña y Montero S.A.A.
Graña y Montero (NYSE:GRAM, BVL: GRAMONC1) is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange and the New York Stock Exchange. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro. For further information, visit
www.granaymontero.com.pe.
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Communications & Social Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From May 2024 to Jun 2024
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
From Jun 2023 to Jun 2024