ARCADIS Subsidiary Wins Brazilian Contracts
ARCADIS announced today that its Brazilian subsidiary, ARCADIS Logos, has signed two large contracts with a major Brazil-based global mining company.
Under the contracts, ARCADIS will provide project management services for the implementation of a Port Terminal in São Luis, in northeastern Brazil.
For ARCADIS the two contracts represent a value in excess of R$125 million (€ 37 million), for a period of two years.
Both projects are part of the biggest iron ore production complex currently realized by the client, and the biggest of its kind in the world, with a planned total investment of around US$20 billion.
The logistical expansion projects represent an investment of US$11.582 billion, allowing the mining company to meet its production target of 230 million tons per year in the region.
The two projects comprise the expansion of port and stockyard facilities.
ARCADIS will provide project management for the construction of a new bulk berth in deep sea waters and the increase of the iron ore stock and handling capacity.
At the peak of the projects ARCADIS Logos will have a team of 275 professionals working at the jobsites.
“We are proud and honored to have been chosen to collaborate on the management of such a strategic project“, said Manoel Antonio Avelino da Silva, CEO of ARCADIS Logos.
“This is the largest private investment in Brazil this decade, to which we have been providing management services since 2001. After having successfully supported this client in Oman, Malaysia and Mozambique, we now look forward to further support them again in Brazil“, he added.
Press Release, April 1, 2014