In a major win for a foreign company in Brazil, WorleyParsons Ltd said it had successfully been chosen in a contract that will see it offer engineering services in the country. The company announced that it had won a contract to offer engineering services for the Brazilian Iron ore mining giant, Vale’s S11D plant in Para state.

In the investment contract, WorleyParsons got awarded the cost reimbursable contract for Vale’s 90 million tonne-yearly plant in conjunction with SNC Lavalin, a Canadian engineering and construction group, read a statement from the Sydney headquartered company Monday. The agreement will see WorleyParsons Ltd offering engineering services for the modular ore processing plant, procurement support, construction management and the supply of key project management professionals to Vale.

On the other hand, the Canadian firm, SNC Lavalin, will provide services with regard to infrastructure and overland conveying facilities, civil works, electromechanical assembly, in addition to procurement, construction and project management support. This investment is in line with Vale’s expansion and growth strategy that has seen it come second globally as one of the biggest diversified metals and mining companies in the world.

John Grill, WorleyParson’s chief executive, said the winning of the Vale contract is testament to the level of confidence investors have in the company’s global project execution capabilities and the company is looking forward to successfully deliver on the significant Vale project award to enable WorleyParsons realize its business objectives.

However, WorleyParsons would not divulge the value of the contract; neither would Vale disclose the worth of the investment. WorleyParsons will now undertake the major Vale iron ore project with its consortium partner, SNC-Lavalin.

WorleyPrsons reiterated that this multi-billion dollar deal with Vale is an important cornerstone to its Brazilian mining business and will further facilitate the transfer of technology to build its in-country ability to better serve and offer value to the Brazilian mining giant, Vale.

Vale is the second largest diversified metals and mining company in the world, one of the 30 largest publicly traded companies in the world and the largest private sector company in Latin America. Vale has a market capitalization of around US$130 billion, with more than 500,000 shareholders from all continents. The Company, headquartered in Brazil, has a global presence that has seen it employ a workforce of over 100,000 employees, including outsourced workers.

WorleyParsons Limited is a large Australian provider of professional services to the energy, resource, and complex process industries. It has a market capitalization greater than AU$4 billion, and makes up 0.29% of the S&P/ASX 200 index.