AECOM signs contract for initiation phase and initial program management
LOS ANGELES, August 15 /CNW/ - AECOM Technology Corporation (NYSE: ACM),
a leading provider of professional technical and management support services
for government and commercial clients around the world, announced today that
it has been selected as the primary consultant and program manager by the
Great Socialist People's Libyan Arab Jamahiriya Housing and Infrastructure
This announcement, reflecting initial program management
responsibilities, establishes AECOM as the main advisor for the Libyan HIB for
major cities throughout the country. Following the initial phase, AECOM will
work in conjunction with the HIB to implement a comprehensive housing and
infrastructure development program for Libya that will create an enhanced
environment for its citizens and visitors.
The HIB has indicated that the budget for these housing and
infrastructure enhancement efforts is in excess of $40 billion (U.S.), and
will include the construction of new housing and infrastructure systems for
all major cities in Libya; urban design and development; housing units and
residential settlements; upgrades to existing infrastructure and utility
systems; and environmentally focused sustainable processes.
"This agreement with AECOM reflects the significant commitment that Libya
has made to improve our national housing and infrastructure," said Abuzaid
Dordah, chairman, Libyan HIB. "We have a unique opportunity to enhance the
quality of life for our people and the economic potential for our country
through this major housing and infrastructure development initiative."
"We are delighted to partner with AECOM, and its global network of
expertise and resources, as we move forward in this exciting and historic
period for our nation," Dordah added.
According to Dordah, AECOM's duties will include reviewing designs,
plans, and studies submitted to HIB; assessment and review of current and
ongoing design and construction projects; preparation of master plans,
detailed plans and studies for water systems, sewage systems, roads, bridges,
transit systems, and traffic systems for a number of large cities; and the
establishment of management and control systems for all related projects.
"AECOM is honored to be selected by the Libyan Housing and Infrastructure
Board for this very important program," said John M. Dionisio, AECOM president
and chief executive officer. "At AECOM, we focus on enhancing and sustaining
the world's built, natural and social environments. This partnership will
enable us to deliver on this commitment, while improving the quality of life
for the Libyan people."
AECOM will also provide a comprehensive training and knowledge-sharing
program for local planners, engineers, and technical staff.
AECOM (NYSE: ACM) is a global provider of professional technical and
management support services to a broad range of markets, including
transportation, facilities, environmental and energy. With more than 31,000
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 enhance and sustain the
world's built, natural and social environments. AECOM serves clients in more
than 60 countries and has achieved annual revenue of more than $4 billion for
the past 12 months. More information on AECOM and its services can be found at
For further information:
For further information: AECOM Technology Corporation Paul Gennaro,
212-973-3167 SVP & Chief Communications Officer firstname.lastname@example.org