Hill Intl (MM) (NASDAQ:HINT)
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From May 2019 to May 2024
Hill International (Nasdaq:HINT), the worldwide construction consulting
firm, announced today that it has received a contract from International
Capital Trading LLC to provide project management services during
construction of Nation Towers, a mixed-use development in Abu Dhabi,
United Arab Emirates. The four-year contract has an estimated value to
Hill of approximately AED 35.8 million ($9.8 million).
The Nation Towers development includes two skyscrapers: a 65-story hotel
tower and a 52-story residential tower. A retail podium fronts the Abu
Dhabi Corniche which is curved architecturally and the whole site is
surrounded by landscaping with water attractions. A tunnel crossing
under the Corniche road links the development with a Beach Club. The
total built-up area of the project is approximately 295,000 square
meters (3.2 million square feet). The project, which is expected to cost
approximately AED 2.4 billion ($650 million) to construct, is expected
to be completed by November 2011.
“The Nation Towers development is an
impressive addition to the fast-growing skyline of Abu Dhabi,”
said Raouf S. Ghali, President of Hill’s
Project Management Group (International). “We
look forward to helping ICT deliver this ambitious project,”
Ghali added.
Hill International, with 1,500 employees in 70 offices worldwide,
provides program management, project management, construction
management, and construction claims services. Engineering News-Record magazine
recently ranked Hill as the 10th largest construction management firm in
the United States. For more information on Hill, please visit our
website at www.hillintl.com.
This press release may include certain statements that fall within the
definition of “forward-looking statements”
under the Private Securities Litigation Reform Act of 1995. Any such
statements are subject to risks and uncertainties, overall economic and
market conditions, competitors’ and clients’
actions, and other conditions, which could cause actual results to
differ materially from those anticipated, including those risks
identified in Hill’s filings with the
Securities and Exchange Commission. Accordingly, such statements should
be considered in light of these risks. Any prediction by Hill is only a
statement of management’s belief at the time
the prediction is made. There can be no assurance that any prediction
once made will continue thereafter to reflect management’s
belief, and Hill does not undertake to update publicly its predictions,
whether as a result of new information, future events or otherwise.
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