DALLAS, Oct. 3, 2019 /PRNewswire/ -- Jacobs
(NYSE:JEC) has been selected by San Miguel Corporation (SMC) as
program management consultant for the New Manila International
Airport (NMIA) project in Bulacan, the Philippines.
One of the largest and most ambitious infrastructure projects in
the country, the entire development includes construction of a new
terminal, four runways and airport support facilities spread out
over almost 6,200 acres (2,500 hectares) in the province of
Bulacan. When complete, the airport will accommodate up to 100
million passengers per year and will significantly ease passenger
and air traffic congestion at Manila's existing Ninoy Aquino International
Airport. SMC is investing approximately $14
billion USD (PHP 734 billion)
into the project with the first phase to be operational within six
years.
"This is a transformative project for the people of the Philippines, boosting employment
opportunities and unlocking trade and tourism potential in the
region," said Jacobs Buildings and Infrastructure Asia Pacific and
Middle East Senior Vice President and General Manager Patrick Hill. "Our appointment is an opportunity
to leverage our significant aviation design and program management
experience to deliver a sustainable and world-class aviation hub
that supports the Philippines'
growth aspirations long into the future."
Program management services to be delivered by Jacobs during
planning, design and construction phases include project scoping
and management, contract development, strategic advisory, design
management and scheduling and financial planning.
"The Philippines is changing,"
said San Miguel Corporation President and Chief Operating Officer
Ramon S. Ang. "Our economy and our
aspirations for the future are growing. The new airport hub will
provide more and better livelihood opportunities for our
people."
Jacobs leads the global professional services sector providing
solutions for a more connected, sustainable world. With
approximately $12 billion in revenue
and a talent force of more than 50,000, 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.
Certain statements contained in this press release constitute
forward-looking statements as such term is defined in Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such statements
are intended to be covered by the safe harbor provided by the same.
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 additional factors that may occur that
could cause actual results to differ from our forward-looking
statements see our Annual Report on Form 10-K for the year ended
September 28, 2018, and in particular
the discussions contained under Item 1 - Business; Item 1A - Risk
Factors; Item 3 - Legal Proceedings; and Item 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and our Quarterly Report on Form 10-Q for the quarter
ended March 29, 2019, and in
particular the discussions contained under Part I, Item 2 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations; Part II, Item 1 - Legal Proceedings; and
Part II, Item 1A - Risk Factors, as well as the Company's other
filings with the Securities and Exchange Commission. The Company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs