SNC-Lavalin obtains the mandate to study the feasibility of a possible northern rail route in Quebec
MONTREAL, September 15, 2021 / CNW Telbec / – SNC-Lavalin (TSX: SNC), a fully integrated professional services and project management company with offices around the world, is pleased to announce that its consortium with Norda Stelo has been awarded a two-year contract by the Quebec Railway Company Rail SEC (Qc Rail), to undertake pre-feasibility and feasibility studies to assess the technical and economic viability of developing a possible 370-kilometer railway in the north Quebec. The railway would extend the national rail network, connecting the city of Dolbeau-Mistassini and the deep water port of Baie-Comeau provide Canadian businesses with a potential new, fluid northern transportation corridor to global markets. This contract is in line with the company’s strategic objective to accelerate the growth of its SNC-Lavalin Engineering Services activities.
“We have a long history and extensive expertise in the analysis and evaluation of infrastructure projects around the world, particularly in the rail and transit industry,” said Ian L. Edwards, President and Chief Executive Officer (CEO) of SNC-Lavalin. “We are proud that the work we will undertake for our client will help them make the best decision about whether to move forward with a project that has the potential to improve.” from Canada Economic prosperity. “
Under this contract, SNC-Lavalin will provide topographical, geotechnical, hydraulic, environmental and civil studies, as well as the proposal of an optimal route for the project, including railway plans and cost estimates.
“This project is an excellent representation of SNC-Lavalin’s end-to-end capabilities and services,” said Ben Almond, CEO Engineering, Design and Project Management (EDPM) Canada, SNC-Lavalin. “It is exciting to be involved in a project that could potentially lead to a more efficient and financially beneficial rail route for the movement of goods through Canada. “
If the conclusions of the feasibility studies are positive, the railway will be the first route to bypass the Windsor corridor and all of its major cities — Toronto, Ottawa, Montreal, Quebec city. It will be the second most important transport route for goods by rail through Canada, connecting the railways of the provinces of Manitoba to the East Quebec, energize the north of Quebec broader economic development and facilitating transit to foreign markets. Studies are expected to be completed by the end of spring 2023, and if the results are positive, construction will begin shortly thereafter.
Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and realize world-class concepts and projects, while delivering innovative end-to-end solutions throughout the asset lifecycle. Our expertise is broad – consultancy and consulting, smart grids and cybersecurity, design and engineering, purchasing, project and construction management, operation and maintenance, decommissioning and maintenance capital – and delivered to clients in three strategic sectors: EDPM (engineering , design and project management), Infrastructure and Nuclear, supported by Capital. People. Drive. Results. News and information is available at www.snclavalin.com or follow us on Twitter @SNCLavalin.
For further information: Media: Harold Fortin, Senior Director, External Communications, 514-393-8000, ext. 56127, [email protected]; Investors: Denis Jasmin, Vice-President, Investor Relations, 514-393-8000, ext. 57553, [email protected]