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Re Joint Venture

10 Dec 2008 07:00

RNS Number : 8231J
Scott Wilson Group plc
10 December 2008
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ο»Ώ

10Β DecemberΒ 2008

WuxiΒ Joint Venture Expands PresenceΒ West ofΒ Shanghai

Scott Wilson Group plc ("Scott Wilson" or "the Group"), the multi-disciplinary international design and engineering consultancy for the built and natural environments,Β today announces the formation of a strategic joint venture with the Wuxi Communication and Planning Design Company.

The joint venture, Wuxi Scott Wilson Consulting Engineering Ltd,Β is majority owned by Scott WilsonΒ and will capitaliseΒ on the westward movement of international companies from higher-cost Shanghai and Suzhou.Β Wuxi Scott WilsonΒ isΒ stronglyΒ positionedΒ to provide business consultancyΒ and project managementΒ servicesΒ for infrastructure development;Β property-related servicesΒ includingΒ environmental,Β masterplanning, urban design, architecture, landscape architecture, electrical & mechanical engineering;Β and tourism-related services.

WuxiΒ is aΒ keyΒ secondary city west ofΒ ShanghaiΒ with a population of two million.

TheΒ Wuxi Communication and Planning Design CompanyΒ (WXCPDC),Β established in 1986 and privatised in 2004,Β operates as aΒ transport design institute.Β WXCPDC specialises in municipal roads and engineeringΒ and has over 50% of the municipal works market inΒ WuxiΒ andΒ itsΒ vicinity. It holds the full suite of transport related design licences as well as a licence to practice landscape architecture.Β 

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Hugh Blackwood,Β GroupΒ Chief Executive, comments: "Following a recent visit toΒ Wuxi, I am confidentΒ the Wuxi Scott Wilson joint venture supports our objective to respond toΒ the rapidly expanding market west ofΒ Shanghai,Β particularly infrastructure, the property sector,Β andΒ environmental and business consultancy services. We are delighted to be the firstΒ majorΒ foreign design company to enter theΒ WuxiΒ market."

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For further information please contact:

Scott Wilson Group plc

Hugh Blackwood, Group Chief Executive

Sean Cummins, Group Finance Director

Lak Siriwardene, Head of Communications

020 7798 5187

020 7798 5245

07824 311762

Financial Dynamics

Charlie Armitstead/ Charlotte Whitley

020 7269 7291

Notes

ScottΒ Wilson Group plc, with over 6,600 members of staff, is a multi-disciplinary international design and engineering consultancy for the built and natural environments. The Group has doubled in size over the past few years and from itsΒ UKΒ headquarters currently controls a worldwide network of 80 offices.

Scott Wilson has operated in virtually every Chinese province and municipality since the mid-1980s. Employing over 1000 staff inΒ China, Scott Wilson now operates in ten centres includingΒ Beijing,Β Shanghai, Hong Kong,Β Tianjin,Β Chongqing,Β Nanjing,Β Guangzhou, Shenzhen andΒ Zhengzhou, in addition to the new presence inΒ Wuxi.Β 

The announcement of Wuxi Scott Wilson follows the Group's formation of the Chongqing Scott Wilson joint venture in April of thisΒ year which is actively engaged in property and environmental projects and opportunities in western and south westernΒ China.Β 

www.scottwilson.com

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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