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Hill International Selected as Consultant for Luxury Development in Pakistan

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Hill International (NYSE:HIL) has been awarded a contract to provide construction consultancy services for the Elite Reverie project, a luxury mixed-use development in Islamabad, Pakistan. This project spans over 2 million square meters and includes residential units, a five-star hotel, a mall, and recreational facilities. Hill will oversee site supervision, progress control, and quality management to ensure timely and budget-friendly delivery. Senior VP Said Mneimne expressed excitement about expanding Hill's presence in Pakistan, aimed at positively impacting the local real estate sector.

Positive
  • Awarded contract for Elite Reverie, a multi-million dollar luxury development.
  • Project includes diverse amenities such as residential units, a hotel, and recreational facilities.
  • Hill's consultancy services aim to ensure timely and budget-compliant project delivery.
  • Expands Hill's operational footprint in Pakistan's growing real estate sector.
Negative
  • None.

PHILADELPHIA and ISLAMABAD, Pakistan, July 09, 2020 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL) (Hill), the global leader in managing construction risk, announced today that it was selected to provide construction consultancy services for Elite Reverie, a multi-million dollar, luxury-living development in Islamabad, Pakistan.

Elite Reverie, also known as Eighteen, is a more than 2 million SM, mixed-use development project that includes residential complexes with over 2,000 units of villas and apartments, a retail and business park, a 20,152 SM, five-star hotel, a mall, medical and sports facilities, education villages, recreational facilities, and 7,200 yards with an eighteen-hole golf course.

The project is located to the southwest of the city. It is well connected to the major road networks in the area and just ten minutes away from the new Islamabad International Airport.

Hill will offer construction consultancy services to help ensure that the project is delivered on-time and within budget. The scope of work will include overall site supervision; schedule and progress control; health, safety, and environment management; quality management; inspection of contractors’ works; coordination between all project stakeholders; and project commissioning.

“The Elite Eighteen project is a significant addition to the capital city’s real estate development sector,” says Hill Senior Vice President for the Asia/Pacific Region Said Mneimne. “We are extremely excited to provide Hill’s services for such a flagship project in Pakistan. We share the owner’s vision and are committed to working with all stakeholders for a successful project delivery. Moreover, Hill is pleased to expand its footprint in Pakistan through its involvement in Elite Reverie. We hope that this project will positively contribute to the country’s real estate sector and demonstrate the value that Hill can add to such projects.”

About Hill International

Hill International, with approximately 2,700 professionals in more than 55 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates, and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
(215) 309-7707
elizabethzipf@hillintl.com


FAQ

What services will Hill International provide for the Elite Reverie project?

Hill International will offer construction consultancy services, including site supervision, schedule control, and quality management.

When was Hill International awarded the contract for Elite Reverie?

Hill International announced the contract award on July 9, 2020.

What is the scale of the Elite Reverie project?

The Elite Reverie project covers more than 2 million square meters and includes over 2,000 residential units.

What is the significance of the Elite Reverie project for Hill International?

The project marks a significant expansion of Hill International's presence in Pakistan, contributing positively to the local real estate sector.

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