Menu
Situs Panduan dan Solusi Terkini

Correction – Hill International, Inc.

  • Share
banner 468x60

Philadelphia and Miami, Aug. 06, 2021 (GLOBE NEWSWIRE) – In a statement released Thursday, August 5th by Hill International (NYSE: HIL), please note that in the title, $6 billion should read $5 billion. The corrected version follows:

banner 336x280

Hill International has been awarded a five-year program management contract to support the Miami-Dade County Department of Aviation’s $5 billion CIP program at MIA airports, executive airports, and general aviation airports.

Hill International (NYSE:HIL), a provider of change infrastructure, announced today that it has been awarded a contract to provide program management services for the Miami-Dade District Aviation Administration’s (MDAD) $5 billion Capital Improvement Program (CIP). The program includes Miami International Airport as well as all of the county’s executive and public aviation airports and will support modernization projects over the next 15 years. These improvements will accommodate significant growth at MDAD airports, where whole passengers are expected to reach 60 million annually over the life of the program. With MIA being the first IATA-designated pharma hub in the United States and significant growth in e-commerce, freight traffic is also expected to increase dramatically to a whole of more than 4 million tons by 2040. Hill’s contract for the airport’s first five years of The programme, with the possibility of implementing two additional five-year extensions.

According to the Miami-Dade County Sheriff’s Office, Miami International Airport and related area airports generate approximately $31 billion in business revenue annually and serve as a gateway for 96 percent of area visitors. CIP at Miami International Airport consists of five subprograms: Central Terminal Redevelopment (Concourses E and F); South Hall Extension (Concourses H and J); renovation of the North Terminal gates (Concourse D) to accommodate additional wide and narrow hulled and larger regional aircraft; two unused hotels various floor projects; Expansion of aircraft parking and warehouses for cargo operations.

Hill Senior Vice President and Regional Director for Southeast, Eladio Castrodad, PE, PMP, CGC, said of the award, “MDAD’s CIP program positions community airports to persevere to provide an efficient, safe, and enjoyable passenger experience for many years to come. It is a lengthy-term vision, fit for purpose. With the dynamic nature of the area and meet the requirements of MDAD facilities. Our team companies reflect the diversity of the Miami metro area itself and are designed to meet the needs of MDAD program management with both domestic and international aviation expertise. This inclusion focus and our expertise-based approach will aid MDAD successfully implement its vision.”

Hill CEO Raouf Ghaly concluded: “The pandemic has certainly slowed growth in the region, but with the return of air travel, there is increasing pressure to resume and accelerate this growth.” “The MDAD program will capitalize on the pressure to accomplish these unused and improved facilities and put Miami-Dade Airports at the forefront as efficiently and cost-effectively as conceivable.”

About Hill International

Hill International, with more than 2,800 professionals in 72 offices worldwide, provides program management, project management, construction management, facilities management and other consulting services to clients in a variety of market segments. Engineering news log Hill magazine recently ranked it as one of the largest construction management companies in the United States. For more information about Hill, please visit our website at www.hillintl.com.

forward-looking statements

Certain statements in this document may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and we intend to protect any such statements by the safe harbor created in this way. Except for historical information, matters set forth herein including, without limitation, any statements of belief or intentions, and any statements regarding our plans, strategies and objectives for coming operations are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to positive risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results may 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 expectations made in our forward-looking statements are described in the Risk Factors section and elsewhere in our reports with the Securities and Exchange Commission, including an unfavorable global economy. Circumstances may adversely affect our business, our entire backlog may not be realized as revenue, and our expenses may be higher than anticipated. We do not intend to update any forward-looking statement nor do we make any commitment.

Hill International, Inc. Elizabeth C. Zipf, LEED AP BD + C
top cum
(215) 309-7707
elizabethzipf@hillintl.com

The Equity Group, Inc. Devin Sullivan
top cum
(212) 836-9608
dsullivan@equityny.com

Referensi: finance.yahoo.com

banner 336x280
banner 120x600
  • Share