Graña Y Montero Announces Awarding of New Contract for S/. 204 Million
14 Januar 2016 - 2:04AM
Business Wire
Graña y Montero S.A.A. (NYSE:GRAM) (BVL:GRAMONC1) (“the Company”
or “Graña y Montero”) a leading Engineering and Construction
company, announced today that our subsidiary Concar S.A. has been
awarded the contract for the service of road management,
improvement and conservation of the road corridor (Mollepuquio) –
Chinchaypujio – Cotabambas – Tambobamba – Chalhuahuacho” for a
length of 209 kilometers.
Through Provias Nacional the company has been awarded the Buena
Pro for a total amount of S/. 203,976,739.72 in addition to the
general tax sales. The services will start this month of January
and last for a period of 8 years.
This is good news for the population of the provinces of
Apurimac and Cusco, which will benefit from an improved road where
they can travel more safely and quickly.
About Graña y Montero S.A.A.
Graña y Montero is the only Peruvian engineering and
construction company listed on the Lima Stock Exchange since 1997
and in the NYSE since 2013. The Company has participated in the
development of major engineering and construction projects in Peru,
including large-scale, complex projects in the energy, mining,
construction and real estate sectors.
With 82 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, specializing in
electric services, with operations in Chile, Peru and Colombia. It
recently acquired Morelco, a Colombian company specialized in
electromechanical assemblies, civil works, and services for the oil
and gas industry as well as energy industry.
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version on businesswire.com: http://www.businesswire.com/news/home/20160113006361/en/
Graña y Montero S.A.A.Dennis Gray, 511-213-6583Investor
Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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