12 Apr, 2011, 07:45 ET
PASADENA, Calif., April 12, 2011 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it is one of three transportation consultants to receive a contract from Werkmaatschappij Almere-Amsterdam (WAA) to develop a transportation concept study and business case for the IJmeerverbinding public transport corridor over the IJmeer (IJ-Lake) east of the City of Amsterdam. Jacobs is executing the project from its offices in London, England in partnership with Dutch management consultants APPM and design bureau POSAD.
Led by Jacobs, the team is asked by the government to develop a viable plan for a bridge crossing and a 33-kilometer metro line.
The team's final transportation concept study and business case is anticipated to be submitted to the City of Almere in September 2011 for subsequent public discussion. The preferred option is likely to incorporate best ideas from the three separate consortiums. It is to be presented to the Dutch federal cabinet in 2012.
The planned new corridor, named the "IJmeerlijn," links the City of Almere on IJ-Lake to Amsterdam, 15 kilometers to the southwest. Almere, which was founded only 30 years ago on manmade land in IJsselmeer Lake, is rapidly becoming The Netherlands' fifth largest city, with a projected population of up to 350,000 in 2030.
The IJmeerlijn is expected to be a vital part of the existing metro and heavy rail infrastructure in the Amsterdam metropolitan area. Amsterdam is one of the growth centers of the Randstad, The Netherlands' economic base, which is comprised of the country's two western provinces. From there, the new corridor provides long-desired easy access for up to 55,000 passengers per day to Almere's expanding commercial, business and residential developments. The IJmeer connection is thus an important economic, social and cultural link within the region's urban, environmental and infrastructure development.
In making the announcement, Jacobs Group Vice President Bob Duff stated, "This project is a great example of a multi cross-border initiative whereby Jacobs' considerable global reach has been utilised from our operations in the Netherlands and the UK to provide our client with an exemplary integrated service."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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 2010 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.
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