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Hyder reveals ‘aggressive’ Saudi expansion plans

Hyder Consulting has unveiled plans to “aggressively” expand into Saudi Arabia by opening a new Saudi-registered engineering design business.

The move was made possible following the acquisition last month of a majority stake in Saudi-based architectural and engineering firm SAK.

The business, which has 40 professional staff, will now operate as Hyder & Solaiman Elkhereiji Engineering Consulting Company.

It will operate alongside Hyder’s existing Saudi-registered project management business Hyder Consulting Middle East Limited International.

“This affirms our commitment to the Saudi Arabian marketplace which is a priority for Hyder,” said Hyder chief executive Ivor Catto at the official launch of the new business in Jeddah.

Catto said the firm’s increased footprint in Saudi enables it to respond to the anticipated increase in infrastructure spend in the country.

Saudi Arabia remains the largest projects market in the region - with over $119bn (£74M) of construction projects to be awarded before 2016.

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