Opus awarded five-year strategic commission in Saudi Arabia

Opus awarded five-year strategic commission in Saudi Arabia

Opus International Consultants (Opus), in association with Al Joaib and Psomas, has been announced as the successful tenderer for a NZ$20m, five-year contract by the Royal Commission of Jubail in the Kingdom of Saudi Arabia.

The planning and technical services contract, for the asset management of Royal Commission facilities and properties in Jubail Industrial City and Ras Al-Khair Industrial City, will address long-term management of physical assets, resources and coordinated services. “This will improve performance, reduce costs and provide better management of the lifecycle of the infrastructure,” said Hugh Morrison, Director of Business Development and Growth.

With ongoing capital investment constraints in many markets, a holistic long-term approach to infrastructure asset management is in very high demand.

“Opus is globally recognised for its expertise in infrastructure asset management and is the market leader in New Zealand,” said Dr David Prentice, Opus Chief Executive.

In 2014, Opus were successful in six out of the nine NZ Transport Agency new highway maintenance and operations contracts. Opus will support the delivery of efficient and effective state highways through smarter asset management and high quality outcomes for all road users. These long term performance based contracts are worth more than $35m in fees over the next seven years.

With permanent operations in New Zealand, Australia, Canada, United Kingdom and the United States, Opus is strongly focussed on leveraging their asset management expertise in opportunities in the Middle East where it operates as part of a joint venture with Opus International (M) Berhad.

“We are working in strategic partnerships across the Middle East and Asia and this initial contract with the Royal Commission is an early sign of success and a testament to the people we have working at Opus,” said Mr Morrison.

ENDS

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