Graña Y Montero Announces Awarding of Contract for Construction of Schools in 14 Cities in Colombia
21 Juni 2016 - 1:51AM
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 it has been awarded the Buena Pro for
the project “Group N° 2: Design, Technical Studies and Construction
contract in the Coffee and Pacific zone which executes the
Educational Infrastructure projects in Colombia” for an approximate
amount of US$ 135 million with a duration period of 3 years. Its
scope is the construction of approximately 3,000 classrooms in
several schools distributed in 14 cities within four provinces in
the south west of the country.
The Ministry of National Education conducted the public bidding
through the Educational Infrastructure Financing Fund (FFIE), for
the construction and/or renovation of schools throughout Colombia,
selecting fourteen cities for the Group N°2.
This project is part of the strategy for “Colombia más educada”
(“A more educated Colombia”), which is one of the three pillars of
the Colombian National Development Plan 2014-2018: “All together
for a new country”, whose vision for year 2025 is to become the
most educated country in Latin America.
About Graña y Montero S.A.A.
Founded in 1933, 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.
It currently has subsidiaries in Chile and Colombia, and has
been executing major projects in Panama, Bolivia, Jamaica and
Ecuador. By the end of 2015, the Group’s international revenues
amounted to approximately US$ 600 million.
With 83 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160620006486/en/
Graña y Montero S.A.A.Samantha Ratcliffe,
511-213-6573Investor
Relationssamantha.ratcliffe@gym.com.perelacion.inversionistas@gym.com.pehttp://investorrelations.granaymontero.com.pe/
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