Jacobs in Joint Venture for Melbourne Metro Rail Project Contract
June 30 2015 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that
the Aurecon Jacobs Mott MacDonald (AJM) joint venture has been
appointed as the technical, planning and engagement advisor for the
Melbourne Metro Rail Project in Victoria, Australia.
The AJM JV is supporting the Melbourne Metro Rail Authority
(MMRA) in progressing technical, planning and engagement work for
the project, with key activities already underway. The MMRA is
responsible for overseeing planning works, the development of a
project reference design, undertaking site investigations, planning
approvals, procurement, construction delivery and project
commissioning.
Company officials did not disclose the contract value.
The Melbourne Metro Rail Project unlocks critically needed
capacity in Melbourne’s rail network and begins transforming the
network into an international metro-style rail system. It includes
two nine-kilometer rail tunnels from South Kensington to South
Yarra as part of a new Sunbury to Cranbourne/Pakenham line; new
underground stations at Arden, Parkville, CBD North, CBD South and
Domain; train/tram interchanges at Parkville and Domain; and rail
tunnel entrances at South Kensington and South Yarra.
The project is expected to allow for 20,000 more passengers to
use Melbourne’s rail network during the peak hour, ease congestion
on St. Kilda Road/Swanston Street, one of the world’s busiest tram
corridors, and pave the way for further extensions to the rail
network.
Jacobs Group Vice President Michael Shirley said, “As a member
of the AJM joint venture, we are thrilled to be part of a world
class team leveraging our comprehensive rail experience and
expertise to play a key role in this significant, city-shaping
project.”
Jacobs is one of the world’s largest and most diverse providers
of technical professional and construction services.
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 2013 Form 10-K, 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.
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Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
Jacobs Engineering (NYSE:JEC)
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