Qatar's Public Works Authority Picks AECOM To Manage Local Roads, Drainage Program

AECOM (NYSE:ACM) has secured a four-year secondment contract from Ashghal, Qatar's Public Works Authority. Financial terms were not disclosed.
AECOM's secondees will support the further modernization and expansion of Qatar's surface transport network, improving its accessibility, safety, and sustainability for all users.
AECOM noted over 200 professional staff members will work within Ashghal's Roads Projects Department.
Ashghal was established in 2004 to plan, deliver and manage all infrastructure projects in Qatar.
Price Action: ACM shares are trading lower by 0.41% at $72.00 during the pre-market session on Tuesday.