Design-services project is the world's largest underground facility of its kind
LOS ANGELES--(BUSINESS WIRE)--Jun. 17, 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 a joint
venture of which it is a part has been awarded a design-services
contract worth US$82 million for the Mass Transit Railway Corporation
Limited’s Hong Kong High-Speed Rail Terminus project, which will connect
to the high-speed rail network in Mainland China.
The multi-level terminus, which will be the largest underground facility
of its kind, will have a footprint of more than 25 acres with a topside
commercial development north of the proposed West Kowloon Cultural
District – between the existing Airport Railway Kowloon Station and the
West Rail Austin Station.
“AECOM is proud to play a key role in the design of this important
high-speed rail infrastructure project," said John M. Dionisio, AECOM
president and chief executive officer. “The terminus will provide the
strategic linkage from Hong Kong to the comprehensive high-speed rail
network in Mainland China.”
Being the southernmost terminus of China’s high-speed railway network,
the facility will be developed as a gateway to Mainland China, with
distinctive architectural and landmark features, a user-friendly layout,
and convenient interchange facilities with the urban metro network in
Hong Kong.
The total project cost is estimated at US$2 billion. AECOM’s revenue
from this project is expected to be approximately US$38 million.
Completion is scheduled for 2015.
About AECOM
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
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. A Fortune 500 company, AECOM serves clients in more
than 100 countries and had revenue of $5.9 billion during the 12-month
period ended March 31, 2009. 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 annual report on Form 10-Q for the
fiscal quarter ended March 31, 2009, 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.
NR 09-0604
Source: AECOM Technology Corporation
AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP &
Chief Communications Officer
paul.gennaro@aecom.com
