AECOM Joint Venture Wins US$82-Million Design Contract for Hong Kong High-Speed Rail Terminus
Design-services project is the world’s largest underground facility of its kind
LOS ANGELES--(BUSINESS WIRE)--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 a joint venture of which it is a part has been awarded a design-services contract worth US$82 million for the Mass Transit Railway Corporation Limited’s Hong Kong High-Speed Rail Terminus project, which will connect to the high-speed rail network in Mainland China.
“The terminus will provide the strategic linkage from Hong Kong to the comprehensive high-speed rail network in Mainland China.”
The multi-level terminus, which will be the largest underground facility of its kind, will have a footprint of more than 25 acres with a topside commercial development north of the proposed West Kowloon Cultural District – between the existing Airport Railway Kowloon Station and the West Rail Austin Station.
“AECOM is proud to play a key role in the design of this important high-speed rail infrastructure project," said John M. Dionisio, AECOM president and chief executive officer. “The terminus will provide the strategic linkage from Hong Kong to the comprehensive high-speed rail network in Mainland China.”
Being the southernmost terminus of China’s high-speed railway network, the facility will be developed as a gateway to Mainland China, with distinctive architectural and landmark features, a user-friendly layout, and convenient interchange facilities with the urban metro network in Hong Kong.
The total project cost is estimated at US$2 billion. AECOM’s revenue from this project is expected to be approximately US$38 million. Completion is scheduled for 2015.
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 43,000 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. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $5.9 billion during the 12-month period ended March 31, 2009. More information on AECOM and its services can be found at www.aecom.com.
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