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AECOM Wins US$23-million Contract for Public-Private Partnership Highway-Procurement Project in Russia



September 13, 2011, 13:57 (PX Newswire)

12 September 2011 — AECOM announced today that it has won a contract for the public-private partnership (PPP) concession for the Moscow-St. Petersburg M11 Highway project in Russia from the North-West Concession Company (NWCC), which comprises the French company Vinci Concessions and private Russian investors.

Under the contract, AECOM is named “Technical Expert” and will monitor the compliance of the project to the approved parameters and report both to the grantor (the state company Avtodor) and the concessionaire (NWCC). In particular, the company will provide design-review and construction-supervision services for the programme. This highway project encompasses design, finance, construction and operation of the 27-mile first section of the new M11 toll road motorway from Moscow to St. Petersburg.

The M10 “Rossia” Highway is one of the busiest in Russia, and the new highway will provide an alternative from Moscow to St. Petersburg, Sheremetyevo International Airport as well as to cities close to Moscow.

“This is an important, large-scale PPP road-building project for Russia,” said Steve Morriss, AECOM’s Europe chief executive. “We bring worldwide experience in creating infrastructure, and we are delighted to be part of the team.”

The opening of the first section of the highway is estimated to take place three years after the start of construction, which has already begun.

About AECOM
AECOM 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 45,000 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 create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $7.7 billion during the 12 months ended June 30, 2011. More information on AECOM and its services can be found at www.aecom.com.

About NWCC
“North-West Concession Company” LLC is a specialist Russian company that has signed a 31-year concession agreement to construct and operate the main section of the new Moscow-St.-Petersburg highway. The company was founded in September 2007 by French VINCI Group and private Russian investors.

More information on NWCC and the project can be found at www.msp-highway.com


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