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SNC-LAVALIN AND ALUSA JOIN FORCES FOR INFRASTRUCTURE PROJECTS IN BRAZIL
São Paulo | October 5, 2010
SNC-Lavalin and Alusa Engenharia Ltda of Brazil are pleased to announce the formation of a cooperation alliance between their two companies focused on large-scale infrastructure engineering, procurement, construction (EPC) packages and concession opportunities in sectors such as roads, airports and other facilities related to government work, the FIFA World Cup and the Olympics in Rio.
This new alliance plans to open a joint operations office in Sao Paulo by year-end.
“This is a key alliance in SNC-Lavalin’s strategy to partner with reputable Brazilian firms to further strengthen our presence in Brazil, and put our design-build expertise and experience to work in different sectors of this important market,” said Riadh Ben Aissa, Executive Vice-President, SNC-Lavalin Group Inc. “We are delighted to be cooperating with Alusa; together, we expect to take full advantage of the infrastructure boom in Brazil, particularly in light of the upcoming 2014 FIFA World Cup and the 2016 Olympics in Rio.”
"We are pleased to enter into this strategic Alliance with SNC-Lavalin,” said Guilherme Godoy Pereira, Vice-President of Alusa Engenharia Ltda. The Brazilian infrastructure market presents tremendous growth opportunities for this alliance with the PAC2 (Brazil Growth Acceleration Program), the 2014 World Cup and the 2016 Rio Olympics. We view SNC-Lavalin as an ideal partner given its solid world class expertise in designing, building and financing large projects in this sector."
SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. www.snclavalin.com.
Alusa is a well-established Brazilian EPC firm with over 6,000 employees. It is one of the largest private concession companies in Brazil and is active in power generation, transmission and distribution systems, oil & gas with Petrobras, and infrastructure sectors including fabrication of railway ties.
This new alliance plans to open a joint operations office in Sao Paulo by year-end.
“This is a key alliance in SNC-Lavalin’s strategy to partner with reputable Brazilian firms to further strengthen our presence in Brazil, and put our design-build expertise and experience to work in different sectors of this important market,” said Riadh Ben Aissa, Executive Vice-President, SNC-Lavalin Group Inc. “We are delighted to be cooperating with Alusa; together, we expect to take full advantage of the infrastructure boom in Brazil, particularly in light of the upcoming 2014 FIFA World Cup and the 2016 Olympics in Rio.”
"We are pleased to enter into this strategic Alliance with SNC-Lavalin,” said Guilherme Godoy Pereira, Vice-President of Alusa Engenharia Ltda. The Brazilian infrastructure market presents tremendous growth opportunities for this alliance with the PAC2 (Brazil Growth Acceleration Program), the 2014 World Cup and the 2016 Rio Olympics. We view SNC-Lavalin as an ideal partner given its solid world class expertise in designing, building and financing large projects in this sector."
SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. www.snclavalin.com.
Alusa is a well-established Brazilian EPC firm with over 6,000 employees. It is one of the largest private concession companies in Brazil and is active in power generation, transmission and distribution systems, oil & gas with Petrobras, and infrastructure sectors including fabrication of railway ties.
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Leslie QuintonSenior Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc.
SNC-Lavalin Inc.
514-390-8000 x7354
leslie.quinton@snclavalin.com
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Denis JasminVice-President, Investor Relations
SNC-Lavalin Group Inc.
SNC-Lavalin Inc.
514-390-8000 x7553
denis.jasmin@snclavalin.com
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