Graña y Montero Announces Awarding of US$ 137 mm Contract
May 28 2014 - 6:07PM
Business Wire
Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company”
or “Graña y Montero”) a leading Engineering and Construction
company, announced that GSJV SCC, where our subsidiary GyM S.A.
holds an indirect interest of 50% and Sedgman Limited (ASX: SDM)
holds the remaining interest, was awarded an Engineering,
Procurement and Construction (EPC) contract for Guyana Goldfields’
Aurora Gold Project in Guyana.
The scope of works includes the 1.75 Mt/a processing plant,
power station and integration management, and the project is
scheduled to reach commercial production by mid-2015.
The total amount of the contract is of US$ 137 million.
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. 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.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero S.A.A.Juan Jose Arrieta,
511-213-6598Corporate Responsibility
Officerjarrieta@gym.com.peorDennis Gray F., 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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