MONTREAL, May 28, 2009 /CNW Telbec/ - SNC-Lavalin is pleased about the
signing of a partnership agreement between the Government of Quebec and Groupe
immobilier Ovation, a limited partnership wholly-owned by SNC-Lavalin, to
design, build, finance, operate and maintain a new concert hall for the
Montreal Symphony Orchestra.
The 2,100 seat concert hall will be located in downtown Montreal, next to
the current Salle Wilfrid-Pelletier concert hall of Montreal's Place des Arts.
Demolition work is underway and construction is set to begin in mid-August
with completion scheduled for the summer of 2011. SNC-Lavalin ProFac, a
wholly-owned subsidiary of SNC-Lavalin, will then operate and maintain the
concert hall until 2038.
"We are pleased that the Government of Quebec has chosen Groupe
immobilier Ovation for this prestigious public-private partnership," said
Riadh Ben Aissa, Executive Vice-President, SNC-Lavalin Group Inc. "The new
building will be a state-of-the-art concert hall that will enrich Montreal's
cultural scene and help to further raise its international profile."
Groupe immobilier Ovation, whose sole limited partner is SNC-Lavalin
Inc., will be carrying out this project in close alliance with the
architectural consortium of Diamond & Schmitt Architects and AEdifica. Diamond
& Schmitt designed the Four Seasons Centre for the Performing Arts in Toronto,
the Detroit Symphony Hall, and is currently working on the Symphony Hall in
"We are thrilled and honoured to be part of this venture," said Jack
Diamond, Principal Architect, Diamond & Schmitt Architects. "We intend to
deliver a concert hall that will stand proud among the world's finest venues
for playing and listening to music."
SNC-Lavalin (TSX: SNC) is one of the leading engineering and construction
groups in the world and a major player in the ownership of infrastructure, and
in the provision of operations and maintenance services. SNC-Lavalin has
offices across Canada and in over 35 other countries around the world, and is
currently working in some 100 countries. www.snclavalin.com
For further information:
For further information: Media: Dominique Morval, Director,
Communications, SNC-Lavalin Group Inc., (514) 393-8000, ext. 7255,
email@example.com; Investors: Denis Jasmin, Vice-President,
Investor Relations, SNC-Lavalin Group Inc., (514) 393-8000, ext. 7553,