Benzinga | Nov 30, 2021 04:48PM EST

Qatar's Public Works Authority Picks AECOM To Manage Local Roads, Drainage Program

* AECOM (NYSE:ACM) has secured a four-year secondment contract from Ashghal, Qatar's Public Works Authority. Financial terms were not disclosed.

* AECOM's secondees will support the further modernization and expansion of Qatar's surface transport network, improving its accessibility, safety, and sustainability for all users.

* AECOM noted over 200 professional staff members will work within Ashghal's Roads Projects Department.

* Ashghal was established in 2004 to plan, deliver and manage all infrastructure projects in Qatar.

* Price Action: ACM shares are trading lower by 0.41% at $72.00 during the pre-market session on Tuesday.