Jacobs JV wins Abidjan PMC contract

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Jacobs JV wins Abidjan PMC contract

Jacobs Engineering Group Inc. (NYSE:JEC) announced that Jacobs Engineering SA (JESA), the company’s joint venture with OCP S.A. (OCP), was awarded a contract to provide project management consultancy (PMC) services to the African Society of Investments and Infrastructure (SA2I) for the Intercity Bus/Metro Station in Abidjan in the Republic of Côte d’Ivoire.

JESA is providing PMC services for a capital expenditure of approximately $80 million.

Located on a 25-hectare site, the new station, the Gare Routiere d’Abidjan, is expected to have a capacity of 25 million passengers a year and is the first in the country.

In making the announcement, Jacobs President Buildings and Infrastructure Bob Pragada stated, “Abidjan is the Côte d’Ivoire’s main hub for international bus lines, and this new metro project is expected to make a significant contribution to the modernization of the road transport system and improved customer experience. We look forward to leveraging our wide-ranging transportation experience to help deliver this important infrastructure program.”

In addition to the new project and as part of future growth plans, JESA is expanding its presence in the region with a new office in Abidjan, expected to be opened by the end of 2016.

JESA is equally owned by OCP and Jacobs. It provides services to industrial projects in Morocco and internationally.

About Jacobs

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 50,000 people and operates in more than 30 countries around the world.

Source: www.jacobs.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.