SNC-Lavalin Signs Contract to Provide Services for
Russian Toll Road
MONTREAL, QUEBEC--JUNE 29, 2000--SNC-Lavalin has signed an umbrella contract to
provide expert services for feasibility studies, engineering,
procurement and project management in the Centralnaya Toll Road
Project. The initial section of the toll highway will be a 13-km
section in the central Russian city of Samara. Alexandr Latkin,
the Vice-Governor of Samara Region and Director of the Department
for Buildings, Architecture, Municipal Housing and Roads of the
Administration of Samara Region, and Jacques Lamarre, President
and Chief Executive Officer of SNC-Lavalin, signed the agreement
today in Moscow.
SNC-Lavalin has been active in Russia since 1976 and has carried
out projects in the chemicals and petroleum sector, as well as in
the construction and development of infrastructure. "We are
ideally positioned to provide these services, given our proven
experience with toll roads and concession-type activities,
particularly since the acquisition, in partnership, of the Highway
407 toll road in the Greater Toronto area," said Mr. Lamarre.
Mr. Lamarre is in Russia participating in the trade mission led by
the Department of Foreign Affairs and International Trade, and
attending the fourth meeting of the Canada-Russia
Intergovernmental Economic Commission (IEC), an industry-led
bilateral forum that aims to foster trade and economic relations,
investment and the transfer of technology between Canada and
Russia.
SNC-Lavalin Group is one of the leading engineering and
construction firms in the world, and a key player in the ownership
and management of infrastructure. The group and its companies
have offices across Canada and in 30 other countries, and are
currently working in some 100 countries. The company is listed on
the Toronto Stock Exchange (symbol: SNC). |
