SNC-Lavalin

10:16 AM EST - SNC-Lavalin : Announced that its consortium with Norda Stelo has been awarded a two-year contract by the Quebec Railway Company Rail SEC (Qc Rail), to undertake pre-feasibility and feasibility studies to assess the technical and economic viability of the development of a possible 370-kilometer railway in northern Quebec. The railway would extend the national rail network, connecting the city of Dolbeau-Mistassini and the deep-sea Port of Baie-Comeau to offer Canadian companies a possible new northern transport corridor fluid to world markets. This contract is in line with the company's strategic objective to accelerate growth in its SNC-Lavalin Engineering Services' business. SNC-Lavalin shares T.SNC are trading up $0.28 at $38.08.

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