AECOM has won a contract from the U.S. Agency for International Development (USAID) to implement the Southern African Trade Hub program (SATH) that is worth up to US$82 million.
USAID’s SATH program will work to increase international competitiveness, intra-regional trade and food security throughout the Southern African community. AECOM will work closely with government entities to provide technical assistance to both public and private sectors. Areas of improvement designated under the contract include:
- Alignment of regional and international standards
- Compliance with regional and international market standards
- Customs operations
- Energy sector planning
- Financial products and services for trade and investment
- Improved transit
- New trade and greater competitiveness in staple foods and other strategic value chains
- Trade liberalization
- Trade-related information and communications technology products
The contract has a period of four base years worth a total of US$65.8 million, with a one-year optional period that would raise its maximum value to US$82 million.
About AECOM
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 48,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world’s built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended June 30, 2010. More information on AECOM and its services can be found at aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of plans for future operations or expected revenue. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2010, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer
Paul.Gennaro@aecom.com