PHILADELPHIA and DOHA, Qatar, Dec. 06, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Al Wa’ab City W.L.L. to provide project management services during development of Al Wa’ab City, Central District, Phase 1.  The three-year contract has an estimated value to Hill of approximately QAR 14.6 million ($4.0 million).

Al Wa’ab City is one of the largest privately-held real estate projects being developed in Qatar.  Stretching over 1.25 million square meters (0.5 square mile) and promoted by Nasser Bin Khaled Holding, the development is a vibrant synthesis of uses and neighborhoods, blending in with each other and creating a new lifestyle proposition for the Al Wa’ab area as well as the greater Doha metropolis.  With a true sense of place, combining an authentic Arabian feel with modernity, Al Wa’ab City incorporates a diverse residential mix of over 2,000 villas and apartments, more than 200,000 square meters (2.2 million square feet) of commercial space and over 100,000 square meters (1.1 million square feet) of retail space, including a one-of-a-kind concept mall.  Al Wa’ab city will eventually be home to over 8,000 people, offering a safe and well-maintained environment.  

The Central District is the remaining, partially-constructed piece of land with an approximate area of 400,000 square meters (4.3 million square feet).  It will consist of a 1.4-kilometer (0.9-mile) walk-through spine with retail, residential buildings concentrated at the eastern and western ends, a commercial building at the southwest corner, a four-star hotel at its center, and a parking sub-basement.

“Al Wa’ab City will offer existing and new Doha residents outstanding living accommodations,” said Mohammed Al Rais, Regional President (Middle East) for Hill’s Project Management Group.  “We are extremely proud to be part of this impressive development,” added Al Rais.

Hill International, with 4,400 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets.  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.

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 projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, 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.
John P. Paolin
Senior Vice President of Marketing and
Corporate Communications
(215) 309-7710
johnpaolin@hillintl.com

The Equity Group Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com

(HIL-G)

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