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Aecom wins King Abdullah Financial District deal

The US' Aecom Technology Corporation has been awarded a SR65m ($17.4m) contract at Saudi Arabia's King Abdullah Financial District.

The scope covers a review of the masterplan for the district and detailed infrastructure design of the 1.6-square-kilometre site in Riyadh.

It includes designs for roads and parking areas, fire-fighting, storm-water drainage and solid waste management systems, the supply and distribution of electricity and natural gas, as well as irrigation and pumping stations.

The client is the Public Pensions Agency.

The award was issued to Aecom's subsidiary Tecsult by the agency's development arm, Rayadah Investment Company.

The project duration is expected to be 16 months.

Source: MEED