SNC-Lavalin Not Interested to Win Business In China
Pierre Duhaime

SNC-Lavalin Group Inc. is revealed to bear no interest to win business in China, despite the country's spectacular growth and the engineering firm's global tentacles.

However, Brazil, Russia and India - the other three states that form the so-called BRIC countries - outline "important opportunities" for the Montreal-based company, Pierre Duhaime, the company's chief executive, posted yesterday at SNC's annual meeting in Calgary.

"The Chinese are quite good at doing their own stuff their own way," Duhaime told reporters after the meeting. "(It is) very hard to get a contract from a Chinese company in China."

SNC has been long into projects in China in the past; however, it was working for foreign companies that were divulging money there, Duhaime posted.

Canada's largest engineering company has been reportedly honored with a series of contracts to assist rebuild Haiti, including mandates from the local government, the United Nations, the Red Cross and the World Bank.

The company is witnessed to primarily concentrate on scrapping the waste and demolishing dangerous structures as if now - work that comes with limited financial reward - however, hopes that its efforts will result it to grab elite contracts.

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