LOS ANGELES--(BUSINESS WIRE)-- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that it has been selected as the designer for a design-build contract to upgrade North Road in Qatar as part of the wider Qatar Expressway program.
The program will see the creation of 342 miles of new expressway and service roads as part of a US$20-billion investment to improve the road network and enhance the country’s growing economy. AECOM will work on the 61-mile North Road, which connects the capital city of Doha with Madinat Al Shamal/Al Ruwais on the north coast.
As part of the two-year project, the AECOM team will enhance the accessibility of the road to reduce travel time between the two cities and improve the performance of the road by adding frontage streets and new interchanges as well as upgrading existing interchanges. The team is also designing the longest bicycle lane along the road as well as creating context-sensitive artscape and beautification works.
“We are delighted to play a vital role in the advancement of Qatar’s infrastructure,” said AECOM Chairman and Chief Executive Officer John M. Dionisio. “We at AECOM understand the importance of a world-class infrastructure network to the evolution of Qatar.”
Work on the project is set to begin immediately, with construction scheduled for completion during 2014.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.2 billion during the 12 months ended March 31, 2012. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our annual report on Form 10-Q for the fiscal quarter ended March 31, 2012, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.