News -

Surbana Jurong acquires SMEC to be one of Asia's largest consultancy powerhouses in urban & infrastructure developments

Singapore, 1 August 2016 – Singapore-based Surbana Jurong Private Limited (Surbana Jurong), one of Asia’s leading consultancies in urban developments, and Australian-based SMEC Holdings Limited (SMEC), an award-winning consultancy firm specialising in major infrastructure projects, today announced that they will be joining forces to establish a formidable global consultancy group with deep combined expertise in urban and infrastructure sectors.

Surbana Jurong’s 100% acquisition of SMEC for approximately S$400 million will significantly transform both companies. With Surbana Jurong and SMEC bringing complementary strengths to the table, the combined entity will have a global workforce of almost 10,000 employees in over 95 offices across 40 countries in Asia, Australia, the Middle East, Africa and the Americas. The combined entity would be one of the largest urban and infrastructure consulting firms in Asia.


Liew Mun Leong, Chairman of Surbana Jurong said, “A large part of Asia and other emerging countries have to catch up with their deficit in urbanisation and infrastructure development in order to grow and support their economies. According to a report by PwC, infrastructure spending is expected to grow from US$4 trillion per year in 2012 to more than US$9 trillion per year in 2025 of which 60% will be in the Asia-Pacific market. In addition to financing and funding, wide and deep technical expertise in urbanisation and infrastructure development will be needed. Singapore and Australia have successfully done many major showcase national development projects through Surbana Jurong and SMEC. Besides their complementary strengths, both companies have very similar corporate cultures and core values. It will be timely and opportunistic for the synergetic merger of these two very competent organisations to share their expertise and capture the huge market opportunities. Going forward, Surbana Jurong / SMEC will be positioned as the largest development consultancy group based in the Asia Pacific region. On behalf of the board of directors and management, I wish to warmly welcome SMEC to the Surbana Jurong family.”

Wong Heang Fine, Group CEO of Surbana Jurong said: “Surbana Jurong and SMEC share complementary strengths and competencies as well as a rich and proud heritage of major iconic projects recognised around the world. SMEC’s experience and strength in major infrastructure projects in the urban transport, energy and water sectors such as hydroelectric power plants, Mass Rapid Transit (MRT) & Light Rail Transit (LRT) systems, bridges and highways, coupled with Surbana Jurong's track record and expertise in urban planning, township and industrial development, will enable us to offer unique complete value chain services in urban and infrastructure solutions to our clients globally.”

“As a company with a worldwide presence, global experience and expertise with local knowledge, we will be able to assist our clients to solve complex challenges in different markets. We will also be able to use our wide network of clients to find synergistic development and business opportunities across various sectors and geographies. Together, the company will be in a unique position to capture opportunities in the global market, and I believe this will put us on a path to accelerated growth,” added Wong.

SMEC was formed in 1949 to undertake a major integrated water and hydroelectric power project in New South Wales, Australia, called Snowy Mountain Hydroelectric Scheme, one of the largest and most complex hydroelectric schemes in the world. It was considered an engineering feat and recognised by the American Society of Civil Engineers as one of the seven civil engineering wonders of the modern world. The national project took 25 years to complete and included 16 major dams, seven power stations and one pumping station, over 225 km of tunnels and aqueducts and 2,000 km of roads.

Today, SMEC has a talent pool of almost 6,000 people working within a global network of over 75 offices across Asia, Africa, Australasia and North and South America. In 2016, SMEC has just been ranked 48 (2015: 51) amongst the top 225 International Design Firms and 69 (2015: 76) amongst the top 150 Global Design Firms.

Similar to SMEC, Surbana Jurong, a Singapore home grown technical organisation, played a pivotal role in nation-building and shaping Singapore's public township and industrial landscape, before going on to achieve significant international success. The company played a leading role in shaping Singapore’s renowned urban landscape over the last 50 years. As part of its urbanisation model, Surbana Jurong provided the technical expertise to design over a million homes in Singapore and continues to be responsible for rejuvenating most of the public Housing & Development Board (HDB) townships, where over 80% of residents in Singapore dwell.

It is the technical consultant behind most of Singapore’s industrial developments, including the region’s leading petrochemical hub, Jurong Island. Surbana Jurong has a distinguished international track record, having developed masterplans for more than 30 countries and developed more than 50 industrial parks worldwide. Its township and urban planning model is well regarded throughout the world.

Commenting on the partnership, Andy Goodwin, SMEC’s CEO and Managing Director, said: “We are delighted about this partnership with Surbana Jurong, an Asian powerhouse, who will further accelerate and support SMEC’s growth ambitions. This partnership is a reflection of the strategic value of our business and its potential to further deliver solutions internationally. It also signifies recognition of the professional skills at SMEC. The combined entity will not only benefit our clients, but importantly deliver enhanced growth opportunities for our employees and our partners. We are confident that the synergies between SMEC’s progressive culture and Surbana Jurong’s established company values will result in a mutually beneficial partnership over the long term”.

About Surbana Jurong

Surbana Jurong is one of Asia’s consultancy powerhouses for urban and infrastructure developments.

We deliver total urban, infrastructure and engineering solutions to support sustainable social and economic growth for our clients and have a distinguished track record in shaping Singapore’s urban and industrial landscape over the last 50 years.

Our multi-disciplinary team of specialists provides one-stop complete value chain consultancy services harnessed through years of successfully completing a wide array of projects in more than 200 cities in over 50 countries worldwide. We have designed and completed more than a million homes in Singapore, completed masterplans for over 30 countries and developed more than 50 industrial parks around the world.

With over 600 international and local awards under our belt, we have what it takes to understand, anticipate and exceed our clients’ expectations. Today, Surbana Jurong employs over 4,000 employees from 40 nationalities in 26 offices across Asia, Africa and the Middle East.

Surbana Jurong is owned by Singapore investment company Temasek Holdings.

About SMEC

SMEC is a professional services company recognised around the world for providing high-quality consultancy services on major physical and social infrastructure projects.

SMEC has over 5,800 employees and an established network of more than 75 offices throughout Australia, Asia, the Middle East, Africa and the Americas. SMEC provides consultancy services for the lifecycle of a project, ranging from feasibility studies and detailed design, through to construction supervision and commissioning. SMEC services a broad range of industry sectors, ranging from transport and energy, to water and built environment.

Since its creation, SMEC has delivered thousands of impressive social and physical infrastructure projects in more than 100 countries. SMEC’s services generate economic wealth and provide essential services that contribute to national development in some of the world’s fastest growing economies.

For media queries, please contact:

Surbana Jurong 

Alvin Hang 

Group Director, Corporate Communications 

T: +65 9222 1010 | alvinhangwy@surbanajurong.com 

SMEC

Geraldine Quinlan

General Manager, Strategy & Branding

T +61 3 9514 1707| geraldine.quinlan@smec.com 

Topics

  • Building, property

Categories

  • surbana jurong
  • smec

Related content

  • Surbana Jurong acquires SMEC to be one of Asia's largest consultancy powerhouses in urban & infrastructure developments

    - Surbana Jurong acquires 100% of SMEC, Australia for approximately S$400 million; - Transformational acquisition will increase its global workforce to almost 10,000 employees in over 42 countries with a combined revenue of about S$1.1 billion; - Combined entity has unique complete value chain competencies in urban and infrastructure solutions to service its clients globally

  • Speech by Surbana Jurong & Changi Airport Group's Chairman, Mr Liew Mun Leong at Professional Engineers Board Day of Dedication

    Surbana Jurong Group Chairman Mr Liew Mun Leong has been honoured for his outstanding achievements in engineering, and in nurturing the profession. He received the Distinguished Professional Engineer Award from Singapore’s Professional Engineers Board (PEB) at the PEB Day of Dedication held at Sands Expo and Convention Centre, Marina Bay on November 5.

  • You've got mail - from the chairman

    ​Staff of Changi Airport Group and Surbana Jurong have much to glean from e-mails that their head honcho sends on Sundays to share his reflections

  • Surbana Jurong and SMEC win first joint bid in Africa

    In a significant achievement since Surbana Jurong and SMEC joined forces in August, we are proud to announce our first successful joint project bid. The Surbana Jurong Group has been awarded an urban redevelopment and design contract in Guinea, Africa by the Singapore Cooperation Enterprise (SCE).

  • Surbana Jurong Pioneers Innovative Land Reclamation Project in Singapore

    Surbana Jurong has broken new ground in Singapore’s land reclamation efforts. As the appointed consultants for a HDB project to reclaim land around the northwestern tip of Pulau Tekong, SJ played an important role in pioneering the development of a unique land reclamation method which will significantly reduce Singapore’s reliance on sand and help save on upfront construction costs.

  • Celebrating World Water Day 2017

    As we mark World Water Day today, we are heartened to be able to help raise the livelihoods of local communities by improving access to water supply, sanitation and drainage services. Below are two significant water projects which we are proud to be part of.

  • SMEC makes first acquisition since joining Surbana Jurong

    On 27 March 2017, SMEC, a member of Surbana Jurong (SJ) Group, made its milestone acquisition of PDR Engineers (PDR) since joining SJ in August 2016. The combined footprint of SMEC and PDR in northern Australia establishes a strong regional network of offices in Cairns, Townsville, and Darwin, and also enhances the Group’s engineering capabilities in the region.

  • SMEC secures Snowy 2.0 feasibility study

    SMEC, a member of Surbana Jurong (SJ) Group, has been engaged by Snowy Hydro to assist with the feasibility study of proposed Snowy Mountains Hydroelectric Scheme expansion project (Snowy 2.0), the first major expansion of the Scheme since its completion in 1974.

  • Major dam and irrigation feasibility study secured in Queensland

    ANZ’s Northern Team has been engaged by Townsville Enterprise Limited (TEL) to undertake the Hell’s Gate Dam and Irrigation Scheme Feasibility Study in the Upper Burdekin catchment of Northern Queensland. The 12-month study will determine the dam’s engineering, environmental and economic feasibility.

  • Dare to change

    Surbana Jurong's bold steps to take on the world

  • Surbana Jurong's sustainability team participates in Kazakhstan conference, held in conjunction with World Expo 2017

    Tan Szue Hann, Head of Sustainability at Surbana Jurong (SJ), and Praveen Hassan Chandrashekar, Senior Executive Associate (Sustainability), were invited by the Sustainable Energy Association of Singapore (SEAS) and SECOE (Sustainable Energy Centre of Excellence), to conduct two workshops on Multi-Energy Systems and Low Carbon Technologies, in Astana, capital of Kazakhstan.

  • Surbana Jurong's SMEC Pakistan team wins CAREC-RIBS project

    The Federal Board of Revenue in the Government of Pakistan has recently awarded SMEC the project to provide construction supervision and consultancy services on the Central Asia Regional Economic Cooperation Regional Improving Border Services (CAREC-RIBS) initiative.

  • Five in a row for Chile

    ​A Chile-based mining group has engaged SMEC, a member of the Surbana Jurong Group, to develop maintenance plans for its copper facility, located 3,000 m above sea level in the northern region of Chile. This makes it the Asset Management team’s fifth consecutive South American contract in five months.