SNC-Lavalin consortium awarded Evergreen Line rapid transit project in Metro
MONTREAL, Jan. 31, 2013 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to
announce that its consortium, EGRT Construction, has signed a design, build
and finance agreement with the Province of British Columbia for the Evergreen
Line rapid transit project in Metro Vancouver. EGRT Construction is led by
SNC-Lavalin Constructors (Pacific) Inc., the design-build contractor, and
includes a joint venture between SNC-Lavalin Constructors (Western) Inc. and
Graham Building Service.
The Evergreen Line will link the Tri-Cities area to the existing Millennium
Line for the first time through rapid transit. The new system is expected to
support community growth and development along the route and near the stations
by providing better transit connections between regional centres and downtown
The construction cost for the Evergreen Line is estimated at $889 million.
EGRT Construction will be responsible for the construction of elevated and
at-grade guideways, a two-kilometre bored tunnel, seven stations, power
substations, train operating systems, parking facilities, and a vehicle
storage and light maintenance facility.
"We are honoured to have been selected for a project which will greatly
enhance Metro Vancouver's world-class mass transit network," said Robert Card,
President and CEO, SNC-Lavalin Group Inc. "We are also pleased to be working
with the Government of BC to once again deliver a sustainable rapid transit
system that will link communities in the northeast sector to downtown
Work on the Evergreen Line will begin in February 2013, with completion
expected for the summer of 2016.
SNC-Lavalin is one of the leading engineering and construction groups in the
world and a major player in the ownership of infrastructure, and in the
provision of operations and maintenance services. Founded in 1911, SNC-Lavalin
has offices across Canada and in over 40 other countries around the world, and
is currently working in some 100 countries. www.snclavalin.com.
Media: Leslie Quinton Senior Vice-President, Global Corporate
Communications SNC-Lavalin Group Inc. 514-390-8000, ext. 7354
Investors: Denis Jasmin Vice-President, Investor Relations SNC-Lavalin Group
Inc. 514-390-8000, ext. 7553 firstname.lastname@example.org
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