Contract to Conduct EIA in Siberia Goes to ICF International Moscow Subsidiary, ICF/EKO
Study to be Conducted Under New, Stronger Environmental Regulations
Fairfax, Virginia, May 28, 2008 -
ICF International (NASDAQ: ICFI) announced today its Moscow subsidiary, ICF/EKO, has been awarded a new contract valued at approximately US$2 million to conduct an Environmental Impact Assessment. The EIA will support the development of a forest products complex in the Lower Angara Region, Krasnoyarsk Krai, in the Siberian region of Russia.
ICF/EKO will perform as a subcontractor to KSH Solutions Inc., Montreal, Canada, which is the nominated subcontractor of MAN Ferrostaal AG, Essen, Germany, the engineering, procurement, and construction contractor for the complex. Under the eight-month contract, ICF/EKO will assist the firm to ensure the EIA is in compliance with national and international standards.
“ICF/EKO has a deep understanding of the unique biodiversity of the Lower Angara Region and is pleased to have been selected to perform this work,” said Kathleen Thrun, a company vice president and environmental expert. “We are committed to helping establish sound policies and strategies to protect and sustain the natural resources here.”
The study will focus on environmental aspects of the region and cover site access, the two major operations of the project—a sawmill and kraft pulp mill—and ancillary facilities. The territory is considered a major investment opportunity, rich in natural resources, and is one of the most densely wooded areas in Russia.
About ICF International and ICF/EKO
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
ICF/EKO, ICF International’s, subsidiary in Russia, established in 1992, was one of the first private environmental consulting companies in the Commonwealth of Independent States. The firm provides a wide range of environmental and related consulting services to private and public clients, including assessments, management systems, and regulations and standards. It also provides consulting services in climate change and energy markets. ICF/EKO’s Web site is www.icfeko.ru.
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