Hill International to Manage the EGP 5 Billion Landmark Renovation of the Kasr Al-Ainy Hospitals for Cairo University
October 06 2020 - 8:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today it was awarded a contract to
provide project management services for the Kasr Al-Ainy Hospitals
Development project for Cairo University. Hill International will
provide project management services during the design, procurement,
and execution stages of the project which involves the renovation
of all existing Kasr Al-Ainy hospital buildings and facilities and
construct any additional facility buildings if required.
Hill Senior Vice President North Africa Waleed Abdel Fattah said
of the award, “Kasr Al-Ainy is a landmark facility that traces its
roots back to 1827. This legacy of healing continues today, and
this project will enable the hospital’s professionals to better
serve their patients through dramatically improved efficiencies and
expanded, customized facilities. Our team will bring Hill’s
healthcare best practices from the region and around the world to
help ensure the vision for Kasr Al-Ainy is realized safely, on
time, and within budget.”
Located in downtown Cairo on the University’s
Faculty of Medicine campus, the hospital currently holds 3,200 beds
and, according to University officials, receives approximately 7.3
million patients annually, performing around 2.2 million X-rays,
80,000 CT scans, and 45,000 ultrasounds each year. The ultimate
goal of the EGP 5 billion project is to transform the hospital into
a facility organized by specialist departments, rather than general
care, and to increase hospital capacity by some 300%. This will
allow Kasr Al-Ainy to serve more patients at a lower cost, while
also improving educational and training capabilities for students
and staff.
“Kasr Al-Ainy is the latest evidence of the strength of
healthcare in Egypt specifically and of the Egyptian economy in
general,” explains Hill Chief Executive Officer Raouf Ghali. “Our
company continues to see mega-projects in healthcare and other
sectors break ground after long periods of negotiation and
coordination among various stakeholders. I expect similar progress
on other healthcare projects across North Africa and the Middle
East to continue for the foreseeable future.”
About Hill International
Hill International, with approximately 2,700
professionals in 69 offices worldwide, provides program management,
project management, construction management, and other consulting
services to clients in a variety of market sectors. Engineering
News-Record magazine recently ranked Hill as the eighth-largest
construction management firm in the United States. For more
information on Hill, please visit our website at
www.hillintl.com.
Forward Looking
StatementsCertain statements contained herein may be
considered "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, and it is our
intent that any such statements be protected by the safe harbor
created thereby. Except for historical information, the matters set
forth herein including, but not limited to, any statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations are forward-looking
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although we believe that the
expectations, estimates, and assumptions reflected in our
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the
Risk Factors section and elsewhere in the reports we have filed
with the Securities and Exchange Commission, including that
unfavorable global economic conditions may adversely impact our
business, our backlog may not be fully realized as revenue, and our
expenses may be higher than anticipated. We do not intend, and
undertake no obligation, to update any forward-looking
statement.
Hill International, Inc. Elizabeth J. Zipf,
LEED AP BD+CSenior Vice PresidentHill International,
Inc.One Commerce Square2005 Market Street, 17th
FloorPhiladelphia, PA 19103(215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc. Devin SullivanSenior
Vice President (212) 836-9608dsullivan@equityny.com
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