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Pin to quick picksShearwater Regulatory News (SWG)

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37.00    -0.50 (-1.33%)
Bid:
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Spread: 2.00 (5.556%)
Market Cap: £8.82m
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Joint Venture

17 Apr 2008 07:00

Scott Wilson Group plc17 April 2008 17 April 2008 Scott Wilson Group plc Joint Venture Strengthens Presence in South-West China Scott Wilson Group plc ("Scott Wilson" or "the Group"), the internationalconsultancy offering integrated professional services in the transportation,property, environment and natural resources sectors today announces a strategicjoint venture with the Chongqing Communications Planning Survey & DesignInstitute in South-West China. The joint venture, Chongqing Scott Wilson, will capitalise on the combinedstrength of the two organisations and create additional business opportunitiesacross the region. Established in 1984, the Design Institute is a premierservice provider for the study, design and implementation of comprehensivetransportation infrastructure. This will compliment Scott Wilson's strongreputation in China for the planning, design and construction of propertydevelopments; environmental services; power and energy, mining and water andwastewater services. Scott Wilson has a strong presence in China operating in virtually everyprovince and municipality since the mid-1980s. It now employs over 900 membersof staff in the region, currently working on a number of high profileinternational projects. The new Chongqing office is Scott Wilson's ninth inGreater China, with other major centres in Shanghai, Beijing, Hong Kong,Tianjin, Nanjing, Guangzhou, Shenzen and Zhengzhou. The office in Chongqing willbenefit from its location within the key industrial centre and logistics hub forSouth-West China. Commenting on today's announcement, Geoff French, Executive Chairman of ScottWilson, said: "This joint venture increases the scope of our internationalbusiness and creates exciting, new opportunities to serve clients in western andsouth western China particularly in property and environmental services. We arehappy to formalise our relationship with this market leader in China's planning,engineering and design services sectors." Ends For further information please contact: Scott Wilson Group plcGeoff French, Chairman 01256 310 200Sean Cummins, Finance Director 020 7798 5245Lak Siriwardene, Head of Communications 07824 311762 Financial DynamicsCharlie Armitstead/ Charlotte Whitley 020 7269 7215 Scott Wilson Group plc, with over 6,000 members of staff, is an internationalconsultancy offering integrated professional services in the transportation,property, environment and natural resources sectors. The Group has doubled in size over the past few years and from its UKheadquarters currently controls a worldwide network of 80 offices, of which 40are in the UK. The main international centres are located in China, Hong Kong,India, SE Asia, the Middle East, Eastern Europe and Southern Africa. www.scottwilson.com This information is provided by RNS The company news service from the London Stock Exchange
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