Hill International Awarded New Contract to Deliver Vital New Mumbai Transit Link in India
April 09 2018 - 8:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today that it has received a contract
from the Mumbai Metropolitan Region Development Authority (MMRDA)
to provide the General Consultancy Services for the USD 2.26
billion Mumbai Metro Line 4 as part of a consortium consisting of
DB Engineering & Consulting GMBH as the lead partner and Louis
Berger Consulting Pvt. Ltd. as another partner.
The project consists of a 32.3 KM elevated corridor
and includes 32 stations along the
Wadala-Ghatkopar-Mulund-Thane-Kasarvadavali corridor. Hill is
serving in a consortium whose general services will comprise design
review, project management and construction supervision. The
project is expected to reduce current travel times by 50-75%,
according to officials.
"The Mumbai Metro Line 4 will have a tremendous
impact on both local employment and the national economy. We are
extremely proud to participate in this important infrastructure
improvement project," said Senior Vice President and Managing
Director (Asia/Pacific) for Hill's Project Management Group,
Abdo E. Kardous. “This award from MMRDA is a testament to the
quality of our services, and we look forward to providing added
value on this vital improvement project.”
Hill International, with more than 3,000
professionals in more than 50 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.
Certain statements contained herein may be
considered "forward-looking statements" within the meaning of the
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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
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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
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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
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forward-looking statement.
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
Hill International, Inc. Marco A.
Martinez SVP & Interim Chief Financial Officer Tel:
215-309-7951 marcomartinez@hillintl.com
InvestorCom John Glenn Grau
President Tel: 203-295-7841 jgrau@investor-com.com
(HIL-G)