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SNC SNC Lavalin Group Inc

43.49
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SNC Lavalin Group Inc TSX:SNC Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 43.49 43.31 43.57 0 01:00:00

SNC-Lavalin and Jacobs advise UK government on multibillion dollar road investment strategy

15/12/2022 12:45pm

PR Newswire (Canada)


SNC Lavalin (TSX:SNC)
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MONTREAL, Dec. 15, 2022 /CNW Telbec/ - SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, has been appointed alongside joint venture partners Jacobs to help develop the UK government's third Road Investment Strategy (RIS3) which runs from 2025-2030.

Working with National Highways - the government-owned organisation responsible for managing and improving England's highways and major roads - SNC-Lavalin's Atkins business and Jacobs – supported by PWC – will develop business and delivery plans, setting out the case for multi-billion-dollar investment across England's strategic road network.

The recommendations will look to improve road safety, capacity, quality and user experience, while also supporting National Highways' commitment to enabling economic growth and delivering net zero road maintenance and construction by 2040.

On completion, the work will inform the government's Department for Transport before it makes a final investment decision in late 2024, with the delivery of RIS3 starting in April 2025.

"The successful delivery of critical infrastructure requires strategic long-term planning and a focus on outcomes that benefit people, communities and businesses, while balancing the needs of the natural environment," said Ian L. Edwards, President and Chief Executive Officer, SNC-Lavalin.

"We're proud to be supporting the UK government in this regard, adding to a very strong portfolio of early advisory work for public sector clients across the world."

"England's major roads and highways are valuable national assets which require considered investment and maintenance," said Philip Hoare, SNC-Lavalin President of Engineering Services for the UK, Europe, Middle East, India and Canada.

"We now look forward to supporting National Highway shape the future of its road network, harnessing data, technology and decades of sector experience."

About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, technology and data to design, deliver and operate the most complex projects. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. – and delivered to clients in key strategic sectors such as Engineering Services, Nuclear, Operations & Maintenance and Capital. News and information are available at snclavalin.com or follow us on LinkedIn and Twitter.

SOURCE SNC-Lavalin

Copyright 2022 Canada NewsWire

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