Saudi Aramco and Jacobs form infrastructure JV
Oil company Saudi Aramco and construction specialist Jacobs have formed a joint venture company to provide professional programme and construction management (PMCM) services for social infrastructure projects throughout the Kingdom and across the Middle East and North Africa.
Services will include a full-spectrum of professional PMCM activities, with expertise in supporting all phases of the project lifecycle for social infrastructure projects, Jacobs said in a statement.
The company will advance training and help create quality jobs for Saudi nationals through the development of a sustainable and competitive program.
Jacobs chairman and CEO Steve Demetriou said, Our joint venture exemplifies the power of bringing together Saudi Aramco and Jacobs as an effective economic catalyst to support the Kingdoms Vision 2030. The new company combines Jacobs industry-leading capabilities and our joint project delivery skills to help transform social infrastructure in this rapidly changing region.