Jacobs Secures Major Rail Project in Malaysia

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded the role of Lead Trackwork Design Consultant for the Klang Valley Mass Rapid Transit (KVMRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line in Malaysia. The KVMRT project involves the construction of a rail-based public transport network comprised of three lines. The SSP Line, which is the second mass rapid transit line to be developed, has an estimated construction cost of approximately $7.6 billion.

Jacobs will work with the China Communications and Construction Company (CCCC) and George Kent (GK) Joint Venture, which was awarded the approximately $234 million contract for the engineering, procurement, construction, testing and commissioning of track work, maintenance vehicles and work trains on the MRT SSP Line by MRT Corporation.

“This is the first large scale rail project for Jacobs in Malaysia, which builds on our strong presence across South East Asia in the growing transport infrastructure market, reinforcing our reputation as a leading service provider,” said Jacobs Buildings and Infrastructure Senior Vice President Patrick Hill. “This follows our deliberate investment in the transportation sector in South East Asia, mobilizing capabilities from the U.K. and Australia to support our clients in projects with an increasing level of scale and complexity.”

The MRT SSP Line will be approximately 32.4 miles in length, with 8.4 miles of rail in tunnels and the remaining on elevated structures. It will include 26 elevated stations, 11 underground stations and a maintenance depot. The line will serve a corridor with a population of nearly two million people.

Jacobs’ services include the design of trackwork, emergency walkways, cable containment systems and stray current control systems. The project will be delivered in accordance with international systems engineering and assurance practices to ensure a fully interfaced and compliant design. Jacobs will provide design support services throughout the construction period and use building information modeling (BIM) to support a fully integrated digital engineering approach.

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 Form 10-K for the year ended September 30, 2016, 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.

Jacobs Engineering Group Inc.



Salim Rahimi



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