Kier strikes oil in Gulf with £145m contracts
New contracts in the Middle East have provided Cambridge UK construction business Kier with a New Year bonanza.
With bases in Cambridge and Sandy, Kier reveals it has been awarded over £145 million of new construction contracts in the territory since the start of the calendar year.
The haul includes landmark deals in Dubai and Saudi Arabia.
In Dubai, Kier has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m on a major new leisure park project for the region.
In Saudi Arabia, a £30m infrastructure project has been secured with a leading Saudi state-owned company in the eastern region. Work on these projects is expected to start this month.
Kier chief executive Haydn Mursell said: “These international awards are testimony to the strong relationships that we continue to develop with customers in the Middle East and the breadth of construction capability that we can offer customers in this market. The awards also further emphasise our continuing strong order book.”