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L.A. Firm Wins Design Contract for $2B Underground High-Speed Rail Terminus in Hong Kong
(LOS ANGELES, CA) -- Hong Kong development leaders are marking 2015 on their Grand Openings calendar.
That's the date the world's largest underground, high-speed rail terminus is scheduled to be completed and connect Hong Kong to the high-speed rail network in Mainland China.
The total project cost is estimated at US $2 billion.
Hong Kong-based Mass Transit Railway Corp. Ltd. has selected AECOM Technology Corp. (NYSE: ACM) of Los Angeles, CA and its joint venture partner to design the project.
The design contract is for $82 million. AECOM's revenue from this project is expected to be about US $38 million, the company says in a prepared statement.
The multi-level terminus will have a footprint of more than 25 acres with a topside commercial development north of the proposed West Kowloon Cultural District - between the existing Airport Railway Kowloon Station and the West Rail Austin Station.
"AECOM is proud to play a key role in the design of this important high-speed rail infrastructure project," said John M. Dionisio, AECOM president and chief executive officer. "The terminus will provide the strategic linkage from Hong Kong to the comprehensive high-speed rail network in Mainland China."
Dionisio says that being the southernmost terminus of China's high-speed railway network, the facility will be developed as a gateway to Mainland China, with distinctive architectural and landmark features, a user-friendly layout, and convenient interchange facilities with the urban metro network in Hong Kong.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy.
With more than 43,000 employees around the world, AECOM says it is a leader in all of the key markets that it serves. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $5.9 billion during the 12-month period ended March 31, 2009.
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