MARLTON, N.J. and DOHA, Qatar, June 23, 2014 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract to provide project management services in connection with the Boulevard Mall in Doha, Qatar. The three-year contract has an estimated value to Hill of approximately QAR 11.0 million ($3.0 million).
The Boulevard Mall will have a total built-up area of approximately 182,000 square meters (2.0 million square feet) and will include a hypermarket, cinema and family entertainment center. The mall is expected to be completed by April 2017.
"The Boulevard Mall will be an exceptional shopping experience for residents and tourists," said Mohammed Al Rais, Senior Vice President and Managing Director (Middle East) for Hill's Project Management Group. "We are confident that our team will deliver on all of our client's project objectives," added Al Rais.
Hill International, with 4,300 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 9th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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.
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