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Aecom wins big ME contracts

Abu Dhabi, July 19, 2009

Aecom Technology Corporation, a leading provider of professional technical and management support services for government and commercial clients, has clinched two major contracts worth $60 million in the Middle East region.

The wins are an extension from Aldar Properties for a multi-year, $45-million design and construction-management contract for the Al Raha Beach Development project in Abu Dhabi and a $15-million contract to provide program-management services for the first phase of the Knowledge Economic City in Madinah, the company said in a statement.

As the lead design and engineering consultant for construction services on the $14 billion Al Raha Beach Development, Aecom will enable the extension and further development of the project site, which is currently 5 miles long.

The project comprises residential, retail, recreational and commercial properties, including marinas and canal developments.

“We are proud of the excellent work provided by our Al Raha Beach Development team during the past four years and are excited about the opportunity to build on this relationship in providing design and construction management services to enhance and develop this area,” said Aecom president and chief executive officer John M. Dionisio.

The construction services for the project are slated for completion by the end of next year, he added.

For the 2,075-acre Knowledge Economic City project in Madinah, which has an estimated construction value of $8 billion, Aecom will provide services such as project controls, procurement, construction logistics and construction-phase project management.

The Knowledge Economic City development is expected to be completed in 10 to 12 years. The development is expected to create more than 20,000 jobs and accommodate about 150,000 people.

'This exciting project in Saudi Arabia provides an excellent example of how Aecom is able to leverage our global expertise and presence to serve our clients,' said Dionisio.

“Saudi Arabia and Abu Dhabi are two strategically important regions for Aecom, and we are proud to play such vital roles in their further development,” he added.




Tags: abu dhabi | contract | KEC | Madinah | Al Raha | Aecom Technology Corporation |

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