Work is part of US$3-billion traffic-improvement project
LOS ANGELES--(BUSINESS WIRE)--Mar. 25, 2009--
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 contract worth approximately US$80 million for design-
and construction-management services for the modified Central-Wan Chai
Bypass and Island Eastern Corridor Link plan.
This new contract is a supplementary agreement to an existing contract,
estimated at US$30 million, with the Highways Department of the Hong
Kong Special Administrative Region Government. The new project includes
a longer road and an additional deep tunnel.
The dual three-lane bypass corridor will provide a direct East-West
highway route for traffic between the Central Business District and the
eastern part of Hong Kong Island. Upon its completion, traffic will
bypass the heavily congested existing roads along parts of the island’s
north shore via a 2.3-mile tunnel. The total project cost is estimated
at US$3 billion.
“AECOM is proud to play a key role in the design and management of this
important transportation infrastructure project," said John M. Dionisio,
AECOM president and chief executive officer. “This project will relieve
traffic congestion, improve the environment and create
infrastructure-related jobs in Hong Kong.”
The project is slated for completion in 2016.
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 43,000
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 $5.6
billion during the 12-month period ended December 31, 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 our 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 December 31, 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.
Source: AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP & Chief Communications