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Tue 25 Sep 2012 05:40 PM

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Vinci's UK unit wins $178m Saudi contracts

Vinci Construction JV picked to design and build reservoir project in Gulf kingdom

Vinci's UK unit wins $178m Saudi contracts
BRISBANE, AUSTRALIA - (Getty Images - for illustrative purposes only)

The UK unit of France's Vinci Construction has won two contracts in Saudi Arabia worth more than £110m ($178.6m), the company said on Tuesday.

Vinci Construction UK said a joint venture with Al Muhaidib Contracting Company (AMC) has won two deals in Jeddah for the Saudi Arabian National Water Company.

The contracts are for the design and build of the Briman Strategic Water Reservoir and the Al Khumra Lifting Station, a statement said.

Forming part of a major water initiative recently launched in Saudi Arabia, the water reservoir will be a two year project and will involve the design and construction of a 1.5 million cubic metre water storage facility, as well as a year of operation and management of the reservoir.

Over a 12 month period, the treated effluent lifting station will be designed, procured, and constructed, after which a one year operation and maintenance contract will follow.

The station will collect treated water from existing plants into an underground wet well and pumping station.

The deals are part of a SR20bn plan by the National Water Company to improve and develop the water and wastewater services across the kingdom.

Commenting on the contract wins, Ivan Norris, managing director of the Gulf Region for Vinci Construction UK, said: "These projects play a crucial part in the water infrastructure in the country and we are pleased to use our expertise to deliver the projects."

Ajaz Shafi, Vinci Construction UK's country manager in Saudi Arabia, added: "With the construction industry buoyant in Saudi Arabia we are able to work on many diverse projects requiring specialist skills and it is great to be working with the National Water Company where we can show our strength through our commitment, ideas and expertise."

Vinci Construction UK has worked widely across the Middle East over a number of years completing landmark projects including the Dubai Drydocks and the Islamic Finance Bank in Jeddah.

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