Fraud Warning: It has come to our attention that various international organizations or individuals have been offering false employment opportunities at Aecon Group Inc. These individuals will offer to fast track Canadian working visa applications in exchange for a payment. Such offers are fraudulent and intended to steal from the victims.

Aecon Group Inc. employment policies and processes in Canada involve personal interviews, and candidates who seek employment with us are never required to pay us any sum of money. To do so would be contrary to our business conduct guidelines and ethical practices. We take this matter extremely seriously and are working with the appropriate legal authorities to shut down such fraudulent schemes. Read more here
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Cross Israel Highway

In 1999, a special purpose concession company, Derech Eretz Highways (1997) Limited (DEC), entered into a concession contract with the State of Israel for the financing, design, construction, operation and maintenance of the $1.2 billion Cross Israel Highway, under a 30-year concession agreement. Project scope included 103km of new highway, 100km of agricultural service roads, interchanges and bridges, a 400m twin-barrel tunnel, and the erection of an electronic tolling system. The project was the first of its kind in Israel and considered a resounding success. In 2007, DEC entered into an agreement with the State to construct, finance and operate Section 18 of the project – a 17km extension to the north - under new $200 million project financing.
 
The Cross Israel Highway is modeled after Ontario's 407 electronic toll highway, constructed and initially operated by Aecon. As such, Aecon played a major role in the development of the Cross Israel Highway and, until recently, held a 25% equity stake in DEC. Aecon, in joint venture with two Israeli partners, also carried out the construction of the project, and its expansions, under a lump sum EPC contract. Additionally, Aecon held a managing position in the highway operator. Aecon’s role in highway operations evolved into operating contracts on three other transportation infrastructure concession projects in Israel: the Carmel Tunnels, Road 431 and Northern Roads. Aecon recently sold its interests in all of these operating entities to a local partner.
 
Cross Israel Highway Project Awards:

  • 1998: State of Israel Special Award for Partnerships Excellence in Public-Private Partnership (presented by the Israeli Government)
  • 1999 & 2000: Deal of the Year – Largest Toll Road Project (Project Finance Magazine)
  • 2006: Global Road Achievement Awards – Environmental Mitigation (International Road Federation)
  • 2007: BT Tech Solutions Green Organization Contest – 1st Place Finish, Environmentally Active Organization category
  • 2007: EMEA Transport (Road) Deal of the Year - Section 18 Extension (Project Finance Magazine) 

Fraud Notice