|AECOM wins $149-million port project in Doha, Qatar|
Six-year program management contract for US$7-billion port development project showcases AECOM's global expertise
LOS ANGELES--(BUSINESS WIRE)--Nov. 11, 2008--AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has been awarded a six-year, $149.3 million contract to provide program management services to the New Doha Port project in Qatar.
Undertaken by the Government of Qatar, the US$7-billion construction value port project is currently the world's largest "greenfield" port-development project. The project is intended to better position Qatar to benefit from the expected regional growth in container and vehicle carrier traffic as well as general cargo traffic.
"This exciting project to develop a new port facility in support of the rapidly growing economy and infrastructure of the Middle East provides an excellent example of how AECOM is able to leverage our global expertise and presence to serve our clients," said John M. Dionisio, AECOM president and chief executive officer.
Experts from AECOM's industry-leading global transportation and program management practices will be joined by the company's local design experts on this new port facility project. With more than 3,000 employees serving clients in Abu Dhabi, Dubai and Qatar, AECOM is one of the largest design and program management firms in the Middle East.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy. With more than 41,000 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 enhance and sustain the world's built, natural and social environments. AECOM serves clients in more than 100 countries and had revenue of more than $4.7 billion during the 12-month period ended June 30, 2008. 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 statements of the plans, strategies and objectives for future operations, including but not limited to contemplated divestitures and associated values, and any statements regarding future economic conditions or performance. 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, 2008, 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.
CONTACT: AECOM Technology Corporation