PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it is part of a
design joint venture sub-contracted by the Gateway South Consortium
which was recently selected to design and construct the Darlington
Upgrade project in Adelaide, Australia. The Gateway South Consortium is
a joint venture between Fulton Hogan and Laing O’Rourke. The design
joint venture consists of Jacobs, KBR and SMEC Australia.
The major transport project, with a budget of approximately $440 million
(AU$ $620 million), is the next stage in the upgrade of one of the
regions’ most important transport corridors. The project aims to improve
safety and reduce congestion and travel times for motorists and public
transport users.
Requirements of the design joint venture include the reconfiguration of
the existing 3.3 kilometer road from the Southern Expressway to north of
Tonsley Boulevard, as well as the design of a lowered, non-stop motorway
passing underneath Flinders Driver, Sturt Road, Mimosa Terrance/Sutton
Road and Tonsley Boulevard.
Most of the detailed design and approvals work is scheduled to begin
this year, with all ground works expected to be completed by 2018.
In making the announcement, Jacobs Senior Vice President Buildings and
Infrastructure Patrick Hill said, “We are proud to be involved in this
landmark transport project for South Australia and look forward to
working closely with the other members of the Gateway South team. This
project represents an excellent opportunity to leverage our proven
experience and expertise on major transport infrastructure projects.”
Jacobs is one of the world’s largest and most diverse providers of
full-spectrum technical, professional and construction services for
industrial, commercial and government organizations globally. The
company employs 50,000 people and operates in more than 30 countries
around the world. For more information, visit www.jacobs.com.
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 2015 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.
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Source: Jacobs Engineering Group Inc.