Construction cost consultancy firm becomes part of Davis Langdon,
an AECOM company, and expands AECOM's Asian footprint in
construction cost management services
SINGAPORE, Oct. 5, 2012 /PRNewswire/ -- AECOM Technology
Corporation (NYSE: ACM), a leading provider of professional
technical and management support services for public and private
clients in more than 130 countries around the world, announced
today that it has completed its merger with KPK, a construction
cost, contract and project management consultancy firm with
operations across Asia. KPK joins AECOM's Davis Langdon operations
and will go to market as "Davis Langdon KPK, an AECOM company". In
Malaysia, KPK will continue to go to market as KPK Quantity
Surveyors.
KPK, which services clients in both the public and private
sectors, was established in 1973 and has more than 600 people in
Mainland China, Hong Kong, India, Malaysia, Singapore, Sri Lanka,
Thailand and Vietnam. Its established portfolio includes clients
across a wide range of facilities such as commercial, residential,
industrial and health care.
The company has worked on large-scale projects such as the Kuala
Lumpur Convention Centre in Malaysia, Watertown mixed-use
development at Punggol in Singapore, The Met in Thailand,
International Tech Park, Chennai in India, West Kowloon Cultural
District in Hong Kong (Design Competition) and competition venues
and a media centre for the 2008 Beijing Olympic Games in Mainland
China.
"The merger with KPK demonstrates AECOM's continued commitment
to invest in new and emerging geographies. KPK's 39-year track
record of providing construction cost, contract and project
management consultancy services in Asia will add to the portfolio
of our Davis Langdon cost and project consultancy business in the
region," said AECOM Chairman and Chief Executive Officer John M.
Dionisio. "With 3,400 Davis Langdon employees located in more than
90 offices globally after the merger, we are well positioned to
offer our clients comprehensive, global construction cost
management services across Asia."
"Asia's share of global construction spending has been
forecasted to increase from 31 percent in 2005 to 46 percent by
2020, according to Davis Langdon's data," said Tony Shum, AECOM
president for Asia Pacific. "KPK has been involved in some of the
most notable projects in the region and AECOM will continue to
build on these established relationships and in-depth understanding
of the local cultures, and work together with KPK to expand our
construction consultancy services in Asia."
With the closing of the transaction, AECOM will have offices in
nearly 60 cities with approximately 12,000 employees in the
Asia-Pacific region. It offers local service excellence blended
with global expertise and an integrated suite of services to
address complex project challenges across various markets, ranging
from building and construction services for commercial and
residential facilities, to sport and healthcare infrastructure and
large-scale transportation, water, energy and mining projects.
"Davis Langdon and AECOM have gained recognition in many parts
of the world for their success in challenging and complex projects
such as the Abu Dhabi International Airport and The Shard in
London," said KPK Chairman Dato' Sri Kandan. "We are delighted
about the merger and believe it is also great news for our clients
as KPK will provide more global service offerings. At the same
time, we also are excited about the new professional-development
opportunities the merger will bring for our employees."
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 more
than 130 countries and had revenue of US$8.3 billion during the 12
months ended June 30, 2012. More information on AECOM and its
services can be found at www.aecom.com.
About Davis Langdon, An AECOM Company
Davis Langdon, an AECOM company, is a leading global
construction consultancy, providing cost and program management
solutions as well as a range of specialist consultancy services for
clients investing in infrastructure, property and construction. The
company has worked on some of the most complex and challenging
projects around the world, including the Tate Modern and The Shard
in London, U.K.; Estadio do Dragao in Portugal; Abu Dhabi
International Airport; Grand Egyptian Museum in Cairo, Egypt; the
Gateway Bridge in Brisbane, Australia; the Transbay Terminal in San
Francisco, U.S.A.; and the Gautrain Rapid Rail Link in
Johannesburg, South Africa. As well as being the recipient of a
number of regional accolades for excellence, Davis Langdon has been
named World Architecture's "Top International Construction
Consultant" for 19 successive years. The company employs
approximately 3,400 people in more than 90 offices globally,
spanning Europe, the Middle East, Asia, Australia and New Zealand,
Africa and the U.S.A. For further information, please
visit www.davislangdon.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 projections of earnings, 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 annual report on Form 10-Q for the
fiscal quarter ended June 30, 2012, 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.
Media Contact:
Joyce Ng
Assistant Manager
Marketing & Communications, Southeast Asia
+65-6394-0304
[email protected]om.com