Hill International (HINT) Received A $9.8 Million Contract For Construction of Nation Towers in Abu Dhabi
Hill International (Nasdaq: HINT) announced today that it has received a contract from International Capital Trading LLC to provide project management services during construction of Nation Towers, a mixed-use development in Abu Dhabi, United Arab Emirates. The four-year contract has an estimated value to Hill of approximately AED 35.8 million ($9.8 million).
The Nation Towers development includes two skyscrapers: a 65-story hotel tower and a 52-story residential tower. A retail podium fronts the Abu Dhabi Corniche which is curved architecturally and the whole site is surrounded by landscaping with water attractions. A tunnel crossing under the Corniche road links the development with a Beach Club. The total built-up area of the project is approximately 295,000 square meters (3.2 million square feet). The project, which is expected to cost approximately AED 2.4 billion ($650 million) to construct, is expected to be completed by November 2011.
Hill International, with 1,500 employees in 70 offices worldwide, provides program management, project management, construction management, and construction claims services. Engineering News-Record magazine recently ranked Hill as the 10th largest construction management firm in the United States.
The Nation Towers development includes two skyscrapers: a 65-story hotel tower and a 52-story residential tower. A retail podium fronts the Abu Dhabi Corniche which is curved architecturally and the whole site is surrounded by landscaping with water attractions. A tunnel crossing under the Corniche road links the development with a Beach Club. The total built-up area of the project is approximately 295,000 square meters (3.2 million square feet). The project, which is expected to cost approximately AED 2.4 billion ($650 million) to construct, is expected to be completed by November 2011.
Hill International, with 1,500 employees in 70 offices worldwide, provides program management, project management, construction management, and construction claims services. Engineering News-Record magazine recently ranked Hill as the 10th largest construction management firm in the United States.
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