Baran, SNC Lavalin of Canada to Cooperate in International Tenders in Israel, Overseas

The companies will compete in the Jerusalem commuter light railway tender, among others.

Baran, the largest engineering firm in Israel, and major Canadian engineering firm SNC Lavalin yesterday announced a partnership for competing in a series of international tenders in Israel and abroad.

At a press conference attended by SNC Lavalin traffic division president Robert Tribe and Canadian ambassador to Israel Michael Bell, the companies announced their intention to bid in the $1 billion Jerusalem commuter light railway tender and cellular networks tenders in Western Europe and the US, among others.

Baran engineering group chairman Meir Dor revealed for the first time that the two companies are currently bidding jointly in a $200 million tender for the construction of oil refineries in Turkmenistan. A few weeks ago, Baran announced on the stock exchange that it was bidding jointly with a North American company in the Turkmenistan tender, but disclosed no additional details.

Dor: "We have been trying to expand overseas in recent years, and have therefore decided to work with the Canadian company in overseas projects, and in some Israeli projects. We recently received the tender pamphlet for the Jerusalem commuter light railway tender. We will also bid in the tender to be published for a Tel Aviv mass transportation system".

According to Dor, Baran is currently considered the largest engineering firm in Israel, and needs the Canadian company to advance further in the international arena, particularly international financing and implementation of giant projects.

Dor revealed that the two companies will also jointly compete in East European tenders. He emphasized that the partnerships will not be confined to engineering, but will encompass all joint ventures.

SNC Lavalin has an annual sales volume of 1.1 billion Canadian dollars. The company has international mass transit activity in Canada, the US, Turkey, and Thailand. It has also planned train, road, airfield, and port projects.

Published by Israel's Business Arena on February 1, 2000

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