Hill International Receives Contract to Manage Construction of 73-Story Bin Samikh Tower in Doha

March 20th, 2007 - Posted in General News

Hill International (Nasdaq:HINT), the worldwide construction consulting firm, announced today that it has received a contract from Tanmiyat Real Estate Co. to provide project management services during the construction of Bin Samikh Tower in Doha, Qatar. The 2-year contract has an estimated value to Hill of approximately QR9.0 million ($2.5 million).

The 73-story skyscraper will feature 240 five-star hotel suites and 170 residential apartments. Construction will begin in April 2007 with an estimated completion date of April 2009. The total project value is estimated at QR500 million ($137 million).

“Travel to Doha is increasing every year,” said Raouf S. Ghali, President of Hill’s Project Management Group (International). “The impressive Bin Samikh Tower will fulfill a need for hotel accommodations and have a strong impact on the global perception of the city as a business and resort destination,” Ghali added.

Hill International, with 1,400 employees in 60 offices worldwide, provides program management, project management, construction management, and construction claims services. Engineering News-Record magazine recently ranked Hill as the 17th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

This press release may include certain statements that fall within the definition of “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors’ and clients’ actions, and weather conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in Hill’s filings with the Securities and Exchange Commission. Accordingly, such statements should be considered in light of these risks. Any prediction by Hill is only a statement of management’s belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management’s belief, and Hill does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise.

Contacts

Hill International, Inc.
John P. Paolin
Vice President of Marketing
856-810-6210
johnpaolin@hillintl.com
or
The Equity Group Inc.
Devin Sullivan
Senior Vice President
dsullivan@equityny.com
212-836-9608

Source: via Business Wire


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