PHILADELPHIA and DOHA, Qatar, May 07, 2019 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it was selected by the Qatar Industrial Manufacturing Company (QIMC) to provide Project Management services for the construction of the Abraj Al Tahwiliya (QIMC Tower West Bay Project).
Designed as the centerpiece of the West Bay, the three mixed-use, high-rise towers will house a luxury 5 star hotel and residences, office and commercial spaces, five levels of retail area, and four basement levels of parking and back of house services. The project also includes adjacent areas set aside for landscaping and other improvements. The development totals approximately 120,000 SM, with the tallest of the project’s towers topping out at 185 meters.
Established in 1990, QIMC is a leading development company in Qatar. QIMC’s projects have traditionally involved industrial facilities, but the company recognized the potential of the site in the Corniche area of the West Bay. QIMC will also locate its new headquarters in the Abraj Al Tahwiliya.
To support the project, Hill International will provide construction management, contracts administration, project controls, document control, QA/QC support, and other Project Management services. “We committed a team more than ready to help QIMC realize Abraj Al Tahwiliya as intended, on-time and on-budget,” said Karim Yazbek, Hill’s Vice President and Country Manager. “The Doha Corniche is a unique destination, one with national significance, and a key driver in Qatar’s tourism industry. This project represents a special opportunity to exponentially raise the profile of the Corniche even further. The Hill team understands these stakes, and has the right skills and experience to make the Towers a reality.”
About Hill International
Hill International, with approximately 2,700 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Forward Looking Statements
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 statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations 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, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.
Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
(215) 309-7707
elizabethzipf@hillintl.com
Hill International, Inc.
Todd Weintraub
Senior Vice President and Chief Financial Officer
(215) 309-7951
toddweintraub@hillintl.com
InvestorCom
John Glenn Grau
President
(203) 295-7841
jgrau@investor-com.com
(HIL-G)