Hill Int’l gets $9.1M contract in India
Hill International, a Marlton-based project- and construction-management company, said today that it has been awarded a contract worth $9.1 million for work on the SmartCity Kochi technology development in India.
Hill International, a Marlton-based project- and construction-management company, said today that it has been awarded a contract worth $9.1 million for work on the SmartCity Kochi technology development in India.
The contract, awarded by SmartCity (Kochi) Infrastructure Private Ltd., is expected to be for 2 1/2 years.
What is expected to be one of India's largest business parks will be built on about 300 acres and developed as a Special Economic Zone.
Hill's services on the development will include project administration, document control, master scheduling, budgeting and cost management, project reporting, design management, value engineering, construction tendering, construction program management and claims management, the company said in a release.
"We are very excited to be entering the Indian market with such an important project," said Raouf S. Ghali, president of Hill's Project Management Group (International).
Shares were trading at $16.82, down $0.07 (0.41 percent) early this afternoon.