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Hill International Receives Contracts To Manage Construction Of Two Medical Cities And Ten Hospitals For Saudi Ministry Of Health

Stocks in this article: HIL

MARLTON, N.J. and RIYADH, Saudi Arabia, Oct. 9, 2012 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received two contracts from the Ministry of Health (MOH) of the Kingdom of Saudi Arabia to provide project management services during the design and construction of two medical cities and ten hospitals located throughout the Kingdom. The five-year contracts have a combined estimated value to Hill of approximately SAR 127.5 million ($34.0 million).

The King Faisal Medical City in the southern province (Abha) will have a 1,350-bed capacity. The Prince Mohammed bin Abdulaziz Medical City in the northern province (Al Jouf) will have 1,000 beds. Both medical cities will incorporate housing and other facilities for medical staff in addition to their hospital facilities. The ten hospitals will add an additional 2,600 beds with locations throughout the Kingdom. All of these medical projects are part of the Kingdom's efforts to improve healthcare services for its rapidly growing population, which is expected to rise from the current 26 million to 29 million by 2015.

Hill's two contracts are part of MOH's plan to implement a professional process for project and construction management services to effectively and efficiently manage time, cost and quality of their capital construction program. MOH is also looking to quickly provide improved health services for the Kingdom's regional population, which drove their decision to hire Hill to construct these high-visibility projects in a fast and accurate manner. Minister of Health Dr. Abdullah Abdulaziz M. Al Rabeeah, MD, FRCS, Assistant Deputy Minister for Engineering Affairs Eng. Ahmad Al Beez, Dr. Eng. Zeyad Al Swaidan and Eng. Hamad Al Lehedan are the MOH's representatives in charge of this expansion program.

"Construction of these 12 projects is critically important for the people of Saudi Arabia," said Raouf S. Ghali, President of Hill's Project Management Group (International). "We are honored to have been selected by MOH to manage such an important healthcare program," added Ghali.

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