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PM Group marks major entry into Middle East
PM Group has been awarded the detailed design of a new $170 million state-of-the-art infant nutritional facility in Saudi Arabia for Almarai, the Gulf’s largest dairy firm. The announcement was made during an Enterprise Ireland trade mission led by Irish Tánaiste, Mary Coughlan.
The proposed multi-million dollar greenfield nutritional facility will produce high quality infant formula for the Arab world, initially focusing in the GCC (Gulf Cooperation Countries) and is being designed to cater for future expansion.
The first of its kind in the region, the 35,000 m² world class facility will be built to the highest building and hygiene standards incorporating the latest in process technology. The five-month detailed design phase has already begun in PM’s Dublin office, with construction due to begin in August 2009.
During the trade mission, PM Group also announced a major alliance with Al Akaria, a Saudi Arabian company charged with helping the Government build cities, key infrastructure and industrial development zones worth some $1.1 trillion, in their country over the coming years. The signing of the contract is a significant step for the company’s expansion into the Middle East, still one of the fastest growing regions in the world economy.
PM Group will assist Al Akaria with the project management of a number of developments, one of the first being a new mixed-use development valued at $500 million in the Red Sea port city of Jeddah.
Related Items:
PM signs multi-million contract with Alakaria in Saudi Arabia
Pictured above:
At the Alamarai Project Win announcement during the Enterprise Ireland trade mission led by Tánaiste, Mary Coughlan were, from left to right: Pat McGrath, CEO, PM Group; Alistair McIlroy, Almarai; David Bell, Almarai; Eyre Tarrant, Director, PM Group; Tánaiste, Mary Coughlan; Alan van der Nagel, General Manager – Operations, Almarai; John Egan, Director (GCC), PM Group and Ward Catherwood, Project Director, PM Group.
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