Hill International and SEVEN Entertain KSA
December 05 2019 - 8:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, proudly announced today that it has been awarded
a contract to provide project management consultancy (PMC) services
to Saudi Entertainment Venture Company (SEVEN) for the construction
of two entertainment-cluster projects. SEVEN is the execution and
investment arm of the Public Investment Fund of Saudi Arabia in the
entertainment sector.
Located at Exit-10 & Al Nahda in Riyadh,
KSA, these new entertainment clusters will contain cinemas, dining,
outdoor terraces, retail, sports venues, and activity zones for
children and adults. Each entertainment cluster is expected to have
a built-up area of approximately 100,000 SM.
Through the PMC contract, Hill will manage the design workload,
construction, project controls, logistics, and the client’s
objectives. In addition, Hill will determine the most suitable and
practical means of delivering the projects, including tenants, in a
suitable timeframe while maintaining the highest standard of
health, safety, security, and environment.
“We are extremely delighted and honored to be
receiving this award which further sheds the light on the
importance of the strong partnership between KSA and Hill
International,” says Dr. Adel Jemah, SVP of KSA Operations.
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
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