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Keller Group plc wins NEOM contract in Saudia Arabia for THE LINE


Keller has signed an umbrella Framework Agreement for work on THE LINE, and is getting ready for the first works order. Keller estimates this work will have a value of around £50m, which it expects to complete within the next 12 months.  The company says it is “well positioned to participate in the future geotechnical work,” which has the potential to generate even greater revenue as the dream of the city becomes realised.

Keller is in the process of mobilising for the first works order – expected to be around £50mln and last 12 months – after signing an umbrella agreement for the 170-km mega-city.

Additional work orders are expected later this year on subsequent modules.

Read the full story at Bloomberg and Proactive