Jacobs secures design consultant contract for Saudi Arabia's Global Logistics Hub

 

Jacobs secures design consultant contract for Saudi Arabia's Global Logistics Hub

Jacobs (NYSE: J) has been selected by NEOM Company (NEOM) as the principal design consultant for the ambitious Port of NEOM redevelopment initiative in northwest Saudi Arabia. This project, situated in NEOM's innovative industrial city, Oxagon, is set to revolutionize the existing facility into a cutting-edge, sustainable global logistics hub with a net-zero environmental footprint.

The Port of NEOM's transformation aims to create the world's first integrated port and supply chain system, characterized by full automation and powered entirely by renewable energy sources. The project's design and construction will incorporate an array of sustainability measures, such as the reclamation and reuse of materials and structures whenever possible, and the utilization of low-carbon steel frames for constructing quay walls.

 

Neom’s Oxagon to revolutionize global manufacturing industry

 

Keith Lawson, Senior Vice President for Europe, Asia Pacific, and the Middle East at Jacobs, stated, "This transformative port project represents another significant commitment from our company to the Saudi NEOM giga project and adds to our expanding global portfolio of port and maritime projects. As one of the world's leading port and maritime consultancy firms, we are uniquely positioned to offer NEOM an unparalleled solution that aligns with their vision, fosters regional growth, and guides this facility toward a more interconnected and sustainable future."

Located on the northern Red Sea coast, the Port of NEOM occupies a strategic position at the crossroads of major trade routes, granting direct access to international markets spanning Asia, Europe, North America, and Africa. The development of this primary seaport for northwest Saudi Arabia is expected to play a pivotal role in stimulating regional economic growth, boosting connectivity, and attracting new businesses and industries to the area.

 

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Jacobs will collaborate with sub-consultants Moffatt & Nichol, IGO Solutions, and Trent to deliver this transformative project. NEOM anticipates that Terminal 1, the initial container terminal, will commence operations by 2025.

At Jacobs, we are committed to challenging today to reshape tomorrow, addressing the world's most pressing challenges to create thriving cities, resilient environments, mission-critical achievements, operational progress, scientific breakthroughs, and cutting-edge manufacturing. We transform abstract concepts into real-world solutions that positively impact our planet. With an annual revenue of approximately $15 billion and a workforce exceeding 60,000 professionals, Jacobs offers a comprehensive range of professional services encompassing consulting, technical expertise, scientific innovation, and project execution for both governmental and private-sector clients.

Source: https://finance.yahoo.com/