Hill International Named Project Manager for Island City Center Residential Towers in Mumbai
MARLTON, N.J. & MUMBAI, India, Sept. 30, 2014 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Bombay Realty to provide project management consultant and site supervision services for One and Two Island City Center (ICC) in Mumbai, India. The four-year contract has an estimated value to Hill of approximately $6.5 million.
One ICC will be 59 stories tall and Two ICC will be 67 stories tall, with both towers consisting of approximately 2.6 million square feet of luxury residential space on 29 acres.
"One and Two ICC will be extraordinary luxury residences that will tower over the Mumbai skyline," said Abdo E. Kardous, Senior Vice President and Managing Director (Asia/Pacific) for Hill's Project Management Group. "The complex will be a hallmark development in the city," added Kardous.
Hill International, with 4,500 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the ninth 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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Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our 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 projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties.
Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could 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 have filed with the Securities and Exchange Commission. We do not intend, and undertake no obligation, to update any forward-looking statement.
(HIL-G)
CONTACT: Hill International, Inc.
John P. Paolin
Senior Vice President of Marketing and
Corporate Communications
(856) 810-6210
johnpaolin@hillintl.com
The Equity Group Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com
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