Hill International (HINT) Selected as Construction Manager in Mall of Arabia Project
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Hill International (Nasdaq: HINT) has been selected by Ilyas and Mustafa Galadari Management Investment & Development L.L.C. as construction manager for the AED 3.0 billion ($817 million) Mall of Arabia project located in Dubai, United Arab Emirates. The 29-month contract has an estimated value to Hill of approximately AED 74.5 million ($20.3 million).
The Mall of Arabia, part of the AED 8.8 billion ($2.4 billion) City of Arabia project in the heart of Dubailand, is one of the world's largest and most ambitious retail developments. The mall will be directly linked to the Restless Planet dinosaur theme park, the village atmosphere of the Wadi Walk canals and other areas of the City of Arabia via three monorail stations. The Mall of Arabia project will comprise a perimeter of 2.3 km (1.4 miles), employ up to 16,000 workers at the peak of construction and anticipates a need for at least 2 million cubic feet of concrete. Construction is expected to begin in December 2007 and be completed by April 2010.
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