Sweett Group (CSG) - Sweett Group strengthens foothold in Saudi Arabia
RNS Number : 7590Q
Sweett Group PLC
12 November 2012
12 November 2012
Sweett Group plc
("Sweett Group" or "the Group")
Sweett Group strengthens foothold in Saudi Arabia
Sweett Group, the international property and infrastructure consultancy, has
strengthened its foothold in the Kingdom of Saudi Arabia with two new
commissions at the 3.5km^2 King Abdullah Financial District (KAFD) in Riyadh.
The move is the latest step in the Group's strategy to capitalise on the
Kingdom's buoyant construction market as it looks to diversify its presence
across the Middle East.
Providing a full range of cost management services, Sweett Group is supporting
Germany-based architect Gerber Architekten to deliver two unique public
attractions in the heart of the KAFD, the Info.HUB and Butterfly Dome.
Info.HUB is KAFD's primary tourist attraction and includes a library, media
activity rooms, tourist information area, exhibition space and other community
facilities totalling a built-up area of 44,000m^2. The building has been
uniquely designed as a contemporary interpretation of a desert mushroom.
The Butterfly Dome, with its spherical envelope designed to provide the
optimal internal environment for the world's most exotic butterfly species,
will offer visitors a calm retreat from the hustle and bustle of the financial
The two commissions are the latest of Sweett Group's expanding portfolio
within KAFD in addition to other current projects which include the iconic
Capital Market Authority (CMA) tower, Museum of the Built Environment, Men's
and Women's Spa and three mixed use towers.
Acting as the project and cost manager on the prestigious CMA tower since its
inception, Sweet Group's project team has been managing the challenges of
delivering the tallest structure in Riyadh and focal point of KAFD, which will
house the headquarters for the regulator of the Saudi Arabian stock market.
Spencer Wylie, Director of Cost Management, MENA, said:
"The Kingdom of Saudi Arabia is one of our key strategic focus areas as we
look to strengthen our position and service offering in the region. These
further commissions within the King Abdullah Financial District in support of
Gerber Architekten, who are producing some very exciting architecture, are
testament to our strong incumbent project and cost management teams already
delivering high profile schemes in and around Riyadh."
- Ends -
For further information:
Sweett Group plc
Chris Goscomb, Chief Financial Officer +44 20 7061 9000
Theo Kjellberg, Group Communications Manager +44 20 7061 9102
Dima Qumsieh, Regional Marketing Manager+971 4 329 5755
Billy Clegg, Oliver Winters, Latika Shah +44 20 7831 3113
About Sweett Group
Sweett Group plc is a global business with expertise in property and
infrastructure professional services. Our services include programme and
project management, cost management, advisory and PPP/PFI investment.
We aim to forge long term, successful relationships with all stakeholders in
the property and infrastructure industry. "Global knowhow, local delivery" is
the essence of our business and our reach enables us to put global best
practice to use in the local markets we serve.
Our portfolio of commissions in the Middle East comprises projects across the
commercial, education, residential, retail and mixed use, hospitality and
leisure, health, transport and infrastructure sectors including undertaking
and successfully delivering projects for prestigious clients across the region
such as Aldar, ADNEC, Capital Market Authority, TDIC, Mubadala, Khalifa Bin
Zayed Al Nahyan Foundation, Al-Anwa Investment Holding Co., Société
Méditerranéenne des Grands Hotels, Kingdom Holding, Samba Bank, Masdar,
Tameer, Solidère and the Al Badie Group.
This information is provided by RNS
The company news service from the London Stock Exchange
NRAUKURRURAARAA -0- Nov/12/2012 07:01 GMT
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