Scidev Ltd - SciDev awarded first Services Agreement in the Infrastructure Sector
Scidev Ltd (ASX:SDV)

SciDev awarded first Services Agreement in the Infrastructure Sector

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Highlights

What's happened?

SciDev Limited (ASX:SDV) has signed a Services Agreement with the CYP Design and Construction Joint Venture (CYP D&C).

What are the key highlights?

  1. CYP D&C is a joint venture between Lendlease Engineering, John Holland and Bouygues Construction responsible for the design and construction of the Metro Tunnel Project’s twin nine-kilometre rail tunnels and five new underground stations in Melbourne.
  2. SciDev staff will provide technical expertise to the slurry treatment plant associated with the operations of the project’s East Precinct Tunnel Boring Machines.
  3. The Services Agreement is SciDev’s first in the globally significant infrastructure sector.

Managing Director's Summary

Lewis Utting

"The agreement with CYP D&C follows on from the work SciDev executed within the NSW infrastructure sector and deepens the Company’s exposure in this industry. The presence of SciDev experts on a major infrastructure project like Metro Tunnel is a positive reflection of the quality of our staff and the professional services we offer. The infrastructure sector represents a globally significant opportunity for the Company, where our coordinated solutions can support both processing, water and waste management requirements. The company is looking forward to working with CYP D&C on Melbourne’s Metro Tunnel Project."

Lewis Utting
Managing Director, Scidev Ltd
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