AECOM awarded US$80-million framework agreement by Qatar's Public Works Authority
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that it has been selected to provide general engineering consultancy services for local roads and drainage projects in the south of Qatar.
ASHGHAL, the country's Public Works Authority (PWA), awarded AECOM the contract for southern Qatar as part of a larger US$14-billion program to develop the city's infrastructure, local roads and drainage.
AECOM will provide the following services: data collection; planning; coordination; liaising with stakeholders; permit review; inspection of traffic diversions; option studies; design; construction supervision; and other consultancy services.
“We are delighted to expand our involvement as visionaries and thought leaders in Qatar, as well as continue our partnership with ASHGHAL to improve the country's infrastructure,” said AECOM Chairman and Chief Executive Officer John M. Dionisio. “This is an exciting time for Qatar and its residents. Our talented team of transportation experts takes great pride in collaborating to solve the challenges that a project of this scale and complexity will demand.”
Work on the contract is set to begin immediately.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.3 billion during the 12 months ended June 30, 2012. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2012, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
AECOM Technology Corporation
VP, External Communications