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SNC-Lavalin Group Inc
Symbol SNC
Shares Issued 175,554,252
Close 2021-06-01 C$ 32.55
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SNC-Lavalin gets joins Sydney project as partner

2021-06-02 13:34 ET - News Release

Mr. Ian Edwards reports

SNC-LAVALIN APPOINTED AS INTEGRATED DELIVERY PARTNER FOR AUSTRALIA'S LARGEST PUBLIC TRANSPORT PROJECT

SNC-Lavalin Group Inc., in partnership with HKA and Infrastructure Nation, has been appointed as integration and delivery partner for the $11-billion (Australian) Sydney Metro-Western Sydney Airport project.

Under the terms of a six-year contract, SNC-Lavalin and its local partners will support Sydney Metro's in-house resources to undertake project integration and delivery of multiple mandates for the driverless railway, which includes six new stations linking residential areas with job hubs.

"SNC-Lavalin is fully committed to supporting governments, like Australia's, as they press forward with infrastructure investments that develop sustainable communities and long-term economic growth," said Ian L. Edwards, president and chief executive officer of SNC-Lavalin. We commend Sydney Metro for being a catalyst for the industry by revolutionizing rail travel in Australia."

The 23-kilometre line -- which forms part of Australia's largest public transport program -- will become the transport spine for Greater Western Sydney, connecting communities, businesses and travellers with the new Western Sydney International Airport and the growing region.

"The Australian market is an important growth area for SNC-Lavalin and we are delighted to have the opportunity to partner with Sydney Metro and collaborate with local partners on this crucial project," said Steve Morriss, SNC-Lavalin president for the Middle East and Asia. "As we begin rapid mobilization of this project, we will leverage our global expertise and leading-edge project management services that help increase the predictability of infrastructure delivery, as well as whole life value."

Sydney Metro is Australia's largest public transport project. By the end of the decade, Sydney will have a world-class metro system with 46 stations and more than 113 kilometres of railway, revolutionizing work, recreation and leisure commuting.

The Sydney Metro-Western Sydney Airport project is financed by the Australian and New South Wales governments, which have a shared objective of having the line operational when Western Sydney International opens for passenger services.

About SNC-Lavalin Group Inc.

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset life cycle.

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