AMSTERDAM, April 17 /PRNewswire/ -- ARCADIS (EURONEXT: ARCAD), the international design, consulting, engineering and management services company, today announced that it has won a major contract to provide project management services to the Brazilian mining company Vale (Companhia Vale do Rio Doce) for a large project in Sohar, Oman. The contract will be executed through a joint venture (on a 50/50 basis) with a local partner, W.J. Towell Co. The contract totals approximately US$ 24 million. Further financial details regarding the contract were not disclosed.
ARCADIS and Towell will support the Vale team with its US$ 1.4 billion implementation program for a massive industrial venture at the Port of Sohar - The Vale Oman Industrial Complex. Located in Northern Oman, the complex comprises a port terminal for large vessels (400,000 tons), a distribution center for up to 40 million ton per year of iron ore and pellets piles, and a pelletizing plant with a total capacity of 9 million tons per year. The pellet plant and the distribution center are scheduled to start operations during the last quarter of 2010. The project cornerstone was laid early March 2009, in a ceremony attended by a large number of high-ranking officials representing the Omani government, Vale, Sohar Industrial Port Company (SIPC) and other organizations involved in the development of this giant project, including ARCADIS.
ARCADIS Logos (ARCADIS' Brazilian subsidiary) has been supporting Vale with the implementation of their infrastructure projects in Brazil since the early 80's. Manoel Antonio da Silva, Managing Director of ARCADIS Logos says: ARCADIS world class experience with project management in infrastructure and our more than 25 years of successful partnership with Vale were the main reasons for ARCADIS to be selected. We are proud to be part of such a relevant project that will position Oman as a pellet distribution hub serving steel plants in the Middle East, Northern Africa and the Indian sub-continent.
ARCADIS is an international company providing consultancy, design, engineering and management services in the field of infrastructure, environment and buildings. We aim to enhance mobility, sustainability and quality of life by creating balance in the built and natural environment. ARCADIS develops, designs, implements, maintains and operates projects for companies and governments. With more than 14,000 employees and over EUR 1.7 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions. Visit us on the internet at: http://www.arcadis-global.com
For more information contact: Mark Zellenrath of ARCADIS at +31-26-3778348 or outside office hours at +31-6-507-36265 or e-mail at email@example.com