UK’s Kier Group Bags Prestigious Construction Projects Worth US$220 Million in the Gulf Region

UK-based Kier Group, a leading player in the country’s construction sector, has bagged multiple contracts amounting to approximately US$ 220 million in the Gulf region. In an official statement issued by the company, it said that it had emerged as the preferred bidder for a development in Dubai that would be used for mixed purposes. This project is worth GBP 100 million. The company would also be commencing work on two other infrastructure contracts, together worth GBP 15 million, for an ambitious leisure park.
The group has also secured a project in Saudi Arabia, where it will work alongside a state-owned company in the country’s eastern region. The value of this project is pegged at GBP 30 million. Kier said that all of these projects will be kicked off in January 2015.
In its official statement, the company said that the new contracts are an addition to their substantial growth in the international business domain. Kier has doubled its revenue in the last year, and has been chosen for a number of prominent projects in the Middle East region. The company’s latest projects are being built for companies in verticals such as education, leisure and finance. Among these are: a GBP 105 million JV with an Abu Dhabi-based spa hotel, a joint project worth GBP 87 million with Mercury to construct UAE’s Bank’s new data center, a GBP 26 million construction for the Dubai University, and a GBP 47 million deal for Dubai Parks.

According to the CEO of Kier, Haydn Mursell, these prestigious international projects are reflective of the company’s strong presence and solid relationship with clients in the Middle East. He also said that the projects stand testimony to the company’s extensive capabilities in the construction sector.

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