PRESS RELEASE 21 Dec 2006
PÖYRY AWARDED SEVERAL MASS TRANSIT SYSTEM PROJECTS IN LATIN AMERICA
Pöyry's Infrastructure & Environment business group has been awarded several contracts and contract extensions for mass rapid transit systems in Latin America. The services will be carried out during 2007. The total value of the assignments is EUR 3.4 million.
Empresa de Desarrollo Urbano de Quito, INNOVAR-UIO, Ecuador has commissioned Pöyry to prepare a feasibility study for a new urban rapid mass transit system. The rail system is expected to run on a 25-km exclusive right-of-way, crossing the historic central district of Quito by tunnel and viaduct. The project aims at a rapid, high-capacity rail-bound solution to reduce traffic congestion.
The Federal Secretary for Transport and Communication of Mexico has awarded Pöyry and its Mexican partner Sintra a consulting contract in connection with the Buenavista-Cuautitlán suburban railway. The 25-km railway system will be serving the north-western suburban destinations of Mexico City. Pöyry's assignment includes consulting and technical support services in the design review and supervision assessment phases of the project.
Empresa de Transporte de Pasajeros S.A., Metro Santiago de Chile has assigned Pöyry to participate in the tendering and bid evaluation of rolling stock procurement for extension of the existing lines 1 and 5.
In Venezuela, the consultancy engineering services contract with Metro de Maracaibo C.A. has been extended. The extension relates to the operational phase of Line 1 of the light rail transport system in Maracaibo.
Pöyry is a global consulting and engineering firm focusing on the energy, forest industry and infrastructure & environment sectors. Pöyry's annual net sales amount to about EUR 600 million and it employs 6000 experts.
Investor Relations Manager
Additional information by:
Gerhard Schmitz, Director, Pöyry Infra Latin America
Tel. +41 76 356 2146
Andy Goodwin, President, Business Area Transportation
Tel. +41 76 356 2310