|AECOM wins two agriculture contracts in Africa totaling US$30.8 million|
LOS ANGELES, May 11, 2010 (BUSINESS WIRE) --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 won two agriculture contracts, totaling US$30.8 million, for a five-year irrigation and agriculture project in Burkina Faso, a west African country.
AECOM, in collaboration with African partner businesses, will provide a range of consulting services to the government of Burkina Faso to improve irrigation systems, spark agricultural production and generate economic growth to help offset rural poverty in the region.
"We are proud to play a key role in supporting the country's growing population and improving residents' quality of life," said John M. Dionisio, AECOM president and chief executive officer.
To improve irrigation systems, AECOM will develop a 5,060-acre irrigation scheme, conduct flood-simulation modeling, rehabilitate a dam to regulate critical reservoir water levels and flow, and provide construction supervision and training services for the operation of the irrigation system in the Sourou Valley. The company will also provide technical assistance for farm production, training for veterinary practitioners and guidance on agroforestry, inland fisheries and best environmental-protection practices in the western region of Burkina Faso.
The economic-growth component of the project will be in partnership with Développement International Desjardins, a major Canadian credit union, and will offer medium- and long-term credit to farmers, small- and medium-size rural businesses and agricultural enterprises. The project is managed by Millennium Challenge Account-Burkina Faso and sponsored by the United States-funded Millennium Challenge Corporation.
AECOM (NYSE: ACM) 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 enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended March 31, 2010. 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 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 March 31, 2010, 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
AECOM Technology Corporation