Hill International to Support the Government of the Former Yugoslav Republic of Macedonia for the Construction of the Gradsko...
November 08 2017 - 10:07AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today that its joint venture with Egis
International in lead has been awarded a contract from the
Government of the Republic of Macedonia to provide construction
supervision services for the Gradsko – Interchange Drenovo section
of road Corridor X-d. The 50 month (26 months of construction and
24 months of DNP) contract has an estimated value to the joint
venture of approximately Euro 3.57 million (USD 4.19 million), of
which Hill’s fees will be an estimated Euro 1.3 million (USD 1.5
million).
The project will construct a new Expressway from Gradsko to
Interchange Drenovo with total length of 15.5 km. Work includes
construction of 5 new viaducts with lengths from 70 m to 200 m, 2
interchanges, 4 underpasses, 4 overpasses, several box and pipe
culverts, dewatering and posting of traffic signs and road marking.
The project must be delivered within clear time, budget and quality
constraints.
“FYR of Macedonia was among the first countries in the Western
Balkans to receive candidate country status for EU accession,
attracting large investments from the EU and its banks. The
immediate effect was much-needed political transformation and
reform,” explained Panagiotis Methenitis, VP and Managing Director
for Balkans. “Hill is supporting the government’s efforts in
lifting the country’s infrastructure to European standards based on
our regional experience with other new EU Member States like
Romania, Croatia and Bulgaria. We expect this new contract to be
followed by others in near future, cementing Hill’s position as
market leader in the country as well as in the region.”
Hill International (NYSE:HIL) employs more than 3,000
professionals and support personnel in more than 50 offices around
the world, 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.
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Hill International, Inc. Elizabeth J. Zipf,
LEED AP BD+C Senior Vice President Hill International, Inc.
One Commerce Square 2005 Market Street, 17th Floor
Philadelphia, PA 19103 Tel: 215-309-7707
elizabethzipf@hillintl.com
InvestorCom John Glenn Grau President (203)
295-7841 jgrau@investor-com.com
(HIL-G)