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Hill International receives two-year extension of its contract to manage construction of Shams Abu Dhabi
- United Arab Emirates: Sunday, June 01 - 2008 at 16:22
- PRESS RELEASE
Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that the joint venture of Hill and 3D/I+PI has received an extension of its contract by developer Sorouh Real Estate P.J.S.C.
The two-year contract extension has a total value to the joint venture of Dhs69.9m ($19.0m). Hill is a 50% participant in the joint venture.
Shams Abu Dhabi on Al Reem Island is a landmark development within Abu Dhabi in the United Arab Emirates. Close to the city yet offering a self-contained community, Shams Abu Dhabi will offer 55,000 residents a lush green island setting.
Located a few hundred meters northeast of Abu Dhabi, Shams Abu Dhabi offers spectacular views of the Arabian Gulf and Abu Dhabi city, with a mangrove forest to the west and expanses of beautiful turquoise water to the east.
Shams Abu Dhabi's coastal paths offer spectacular walks while the pedestrian walkways of the city's canal network access extensive retail and social facilities.
They also enable the intriguing architecture of different communities to be enjoyed at close quarters. One of the first projects expected to be completed is The Sky Tower, a 74-story residential and commercial skyscraper which will be the tallest building in Abu Dhabi.
"We very much appreciate Sourouh's continued trust and confidence in Hill and our project team," said Raouf S. Ghali, President of Hill's Project Management Group (International).
"Shams Abu Dhabi will truly be a world-class development and we are honored to be managing its construction," Ghali added.
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For more information on Shams Abu Dhabi, please visit Sorouh's website at www.sorouh.com.About Hill International
Hill International Construction Consultancy Group (ISO 9001 approved), provides construction consultancy, commercial management, audits, programming, planning and other construction claims services.
Hill International, with 1,900 employees in 70 offices worldwide, provides program management, project management, construction management, development management and construction claims services. Engineering News-Record magazine recently ranked Hill as the 10th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
For more information please contact:
Thaisa Alvarez
Sr. PR Account Manager
Viola Advertising and Public Relations
T: 02 6449444
F: 02 6451199
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