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

SciDev awarded first Services Agreement in the Infrastructure Sector

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

Download Announcement

View this announcement as well as our full profile on the company.

How do I invest?

Considering investing in Scidev Ltd?
Here's how to get started.
Low Cost Brokerage ASX Cheapest ASX Trading Platform
  1. 1

    Create account

    Open an account with an online broker of your choice. If you do not have an existing broker, consider Mawson Graham's A$9.50 flat fee platform.

    Sign up now »
  2. 2

    Search for ASX:SDV

    On your online investment platform search for the stock ticker code ASX:SDV to bring up the company's shares.

  3. 3

    Buy shares

    Place your order however you wish. If you need advice on buying or selling, you should seek the assistance of a full service financial adviser experienced in small cap equities.

Up