City planning and infrastructure development expertise key to appointment
DALLAS--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) has been appointed by Fucheng
Investment Australia (FIA) to lead the conceptualization, planning and
design of a regional center of agribusiness innovation in Australia.
Jacobs is providing a multidisciplinary approach for the proposed
development, combining urban planning, design, engineering, economics
and environmental sustainability services.
The appointment follows FIA’s AUS$100 million acquisition of a 4,953
hectare section of Woodhouse Station, a former cattle station on
Melbourne’s western urban fringe. Initial concept planning for the site
will take place over the coming months.
“We were looking to appoint a global leader in city planning and
infrastructure development to help us create something completely unique
with Woodhouse Station,” said Fucheng Investment Australia CEO Chris
Potaris. “Jacobs stood out as the team who not only understood our
vision, but had the ability and experience to deliver it.”
“It is our goal to help FIA deliver a project that is viable at each
stage of its development, from a core of intensive agriculture to one
that can potentially become a National Employment Cluster for
Melbourne,” said Senior Vice President Buildings and Infrastructure
Patrick Hill.
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 over 54,000 people and operates in more than 25
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 Form 10-K for the year
ended September 30, 2016, 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.