AECOM Inks $148 Million Qatar Contract
Jun 17th 2013 5:39PM
Updated Jun 17th 2013 7:00PM
AECOM Technology will take its expertise to the small Arabian Peninsula state of Qatar. The company announced it has been awarded a contract to, in its words, "provide construction-supervision and design-review services" for that nation's Doha Expressway. The deal is worth $148 million and covers a period of three years.
The planned 105-mile long highway, which aims to connect the north of the country with the south, is also to boast foot and cycle paths, and space for a long-distance rail corridor. Construction on it was begun in 2007, and is anticipated to be finished in 2015.
AECOM said that its work on Doha Expressway will start right away.
The article AECOM Inks $148 Million Qatar Contract originally appeared on Fool.com.Fool contributor Eric Volkman has no position in AECOM Technology, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.