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MANAGEMENT SERVICES DEAL

Bechtel renews giant Saudi industrial cities contract

RIYADH, June 8, 2016

Leading US engineering company Bechtel has signed a five-year contract extension with the Royal Commission for Jubail and Yanbu to continue its longstanding management services work at Jubail and Ras Al Khair industrial cities.

Bechtel said the project, located in the Eastern Province of Saudi Arabia, was the world’s largest single industrial development project, and is unique as a city built from the sand up, requiring vast resources and logistical planning on an unprecedented scale.

The company has worked with the Royal Commission on the Jubail project since it began in the mid-1970s.

"Bechtel is a key part of our team and they have played a major role in helping us to plan and implement the growth of Jubail and Ras Al Khair," remarked Dr Mosleh Al Otaibi, the chief executive of the Royal Commission for Jubail.

"With their help and partnership we will continue to develop these cities which support Saudi Arabia’s economy," he stated.

The Jubail industrial city development spans 1,016 sq km and provides petrochemical and other industrial complexes, major harbor and port facilities, telecommunications, and a highway system.

Jubail and Ras Al Khair currently employ an estimated 140,000 people, which is predicted to rise to 190,000 by 2021.

Over the next five years, Bechtel’s work will focus on providing residential accommodation and education facilities such as a 18,000-student 'greenfield' university as well as roads, bridges, medical centres, and power, water and waste facilities, said a top Bechtel official.

"Jubail is one of the world’s iconic engineering projects," remarked Toby Seay, the president of Bechtel’s global infrastructure business.

“We’re delighted to build on our successful, longstanding relationship with the Royal Commission, which is based on a strong, collaborative partnership,” he added.

Jubail and Ras Al Khair contain Saudi Arabia’s leading petrochemical and minerals clusters and are a main contributor to the country’s economic growth. Jubail alone produces seven per cent of the world’s petrochemicals.

Bechtel said it has worked on a number of significant infrastructure projects in the kingdom over the last 70 years, including King Fahd and King Khalid airports, and Ras Al Khair aluminium smelter. It is also currently working on Lines One and Two of the Riyadh Metro.-TradeArabia News Service




Tags: Saudi Arabia | contract | Bechtel | Industrial project |

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