Jacobs Wins Rail Contracts in New Zealand
Jacobs (NYSE:J) has secured two significant rail contracts from KiwiRail to enhance Auckland's rail network under the Auckland Metro Rail Programme. The company will serve as the lead designer for the Wiri to Quay Park project, which aims to alleviate congestion with an additional track. Furthermore, Jacobs, in collaboration with partners, will electrify 11.8 miles of track for the Papakura to Pukekohe project, improving direct commuting for passengers. These projects support Auckland's growth and are backed by substantial government investment.
- Secured two rail contracts from KiwiRail, supporting Auckland's rail modernization.
- Lead designer for the Wiri to Quay Park project, aimed at easing rail congestion.
- Participation in the electrification of 11.8 miles of track, enhancing commuter access.
- None.
DALLAS, June 3, 2021 /PRNewswire/ -- Jacobs (NYSE:J) has been awarded two rail contracts by KiwiRail, New Zealand's rail network owner and operator as part of KiwiRail's Auckland Metro Rail Programme to modernize Auckland's rail network. The Programme delivers vital upgrades to the existing rail network ahead of the opening of Auckland's largest ever transport infrastructure project, the City Rail Link.
Jacobs has been appointed as lead designer for the Wiri to Quay Park project, providing multidiscipline engineering and architectural professional services. When complete, the additional track between South and Central Auckland will help ease congestion on the rail network.
"An upgraded rail network is critical to alleviating congestion and unlocking growth in the region," said Jacobs Executive Vice President Patrick Hill. "These appointments create opportunity for Jacobs to deliver lasting benefits for commuters and New Zealand's economy, while supporting future mobility growth in Auckland."
In addition, Jacobs, in partnership with John Holland, McConnell Dowell and Novare, will deliver design and construction services for the Papakura to Pukekohe Rail Electrification project. The project includes the electrification of 11.8 miles (19 kilometers) of track and the construction of two additional platforms at Pukekohe station. Jacobs will deliver detailed design services and management, surveillance and quality assurance (MSQA) services during the construction phase. Electrifying the line will allow passengers getting on in Pukekohe south of Auckland, to travel direct to the city, rather than transferring trains at Papakura.
"The network enables people to make 21.4 million trips a year and, once the City Rail Link projects are finished, we expect another jump in commuter numbers as people recognize the benefits of rail commuting," says KiwiRail Chief Operating Officer Capital Projects David Gordon. "The government is investing heavily in the Auckland network and we're making good progress to ensure this investment delivers as quickly as possible for Aucklanders, propelling Auckland's rail commuter services into the future."
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, and our Quarterly Report on Form 10-Q for the quarter ended April 2, 2021, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
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