LIMA, Peru--(BUSINESS WIRE)--

Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) (“the Company” or “Graña y Montero”) a leading Engineering and Construction company, announced today that its subsidiary GyM S.A. has subscribed a Construction Contract with Linea Amarilla S.A.C. (LAMSAC) in order to complete the execution of the “Via Expresa Linea Amarilla” project. The total amount of the service is of approximately S/. 464,476,000.00 in addition to the general sales tax.

This new construction section includes the section 2 of the Via Expresa Linea Amarilla and covers 9 km in length. It includes 10 viaducts, a 1.8 km tunnel under Rímac River, 3 toll booths and the Bella Union bridge.

About LAMSAC

LAMSAC is a Peruvian Company in charge of the Via Expresa Linea Amarilla Concession, which was awarded by the Metropolitan Municipality of Lima in 2009. It is a concession of 25 kilometers which includes a total of 16 km of the Via Evitamiento, from Javier Prado until Habich roundabout, as well as a new 9km expressway which starts at the Huáscar Bridge, District of San Juan de Lurigancho, and ends in Carmen de la Legua, Callao border. This work will integrate eleven districts of Lima, contributing to traffic modernization and revaluation of the city.

About Graña y Montero S.A.A.

Founded in 1933, Graña y Montero is the only Peruvian engineering and construction company listed on the Lima Stock Exchange since 1997 and in the NYSE since 2013. The Company has participated in the development of major engineering and construction projects in Peru, including large-scale, complex projects in the energy, mining, construction and real estate sectors.

It currently has subsidiaries in Chile and Colombia, and has been executing major projects in Panama, Bolivia, Jamaica and Ecuador. By the end of 2015, the Group’s international revenues amounted to approximately US$ 600 million.

With 83 years of operations, the Company has leveraged its engineering and construction expertise into complementary lines of business, such as the development, ownership, operation and maintenance of infrastructure assets, real estate developments, and the provision of technical services. The Company has significant investments in infrastructure concessions, such as three toll roads and Line 1 of the Lima Metro.

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