PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today that it was
awarded a contract to provide Environmental Impact Assessment (EIA)
services for Sydney
Rapid Transit, a major new rail project in New South Wales (NSW),
Australia.
The project is part of the NSW Government’s 20 year Sydney Rail Future
plan to improve the public transportation network in an effort to meet
the needs of a rapidly expanding population.
The new 18.6 mile (30 km) project will extend the North West Rail Link
(for which Jacobs is currently contract manager) via a tunnel under
Sydney Harbor. At least three new train stations are planned for the
Sydney Central Business District (CBD) plus two additional stations
north of the city, providing connections across Sydney.
When complete, the new rail system will aim to deliver a train every two
minutes through the heart of Sydney, allowing for 60 percent more trains
during peak hours across the rail network and serving an extra 100,000
people per hour.
Under the terms of the new EIA contract, Jacobs is working closely with
the government, customers, local communities and businesses to assess
the impacts of the project.
In making the announcement, Jacobs Group Vice President Michael Shirley
said, “We are delighted to continue our work with the NSW Government on
another important element of its strategy to improve Sydney’s transport
network. We will be working closely with all stakeholders to deliver the
best possible outcomes for all those impacted by this high profile
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 2014 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.
Source: Jacobs Engineering Group Inc.