New York Stock Exchange-listed construction consultancy Hill International has been awarded a contract to provide project management services for the new headquarters of the Arab African International Bank (AAIB) in 1-Ninety, Fifth District, New Cairo, Egypt.
In a stock market filing, Hill International said that the project covered design and construction of the five-storey building that spans a total area of approximately 28,100m2.
Additionally, the project also involves the construction of three basement parking levels with a total area of about 25,300m2.
Speaking about the contract win, senior vice president and Africa managing director of Hill, Waleed Abdel-Fattah, said: “This is an exciting new project for us in Cairo.”
Abdel-Fattah added that Hill has previously completed and delivered “several major international banks’ headquarters projects in Cairo” in the last five years.
As part of its contract, Hill will provide project management and construction management services across all stages of the project, including design procurement and design management stage, construction management for construction and fit-out stage, and defects liability period stage.
Meanwhile, the CEO of Hill, Raouf Ghali, said: “Hill has a very strong presence in Egypt and a successful track of iconic projects implemented there.”
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