logo
#

Latest news with #NesmaPartners

Nesma inks key infrastructure development contracts with Jasara
Nesma inks key infrastructure development contracts with Jasara

Trade Arabia

time17-02-2025

  • Business
  • Trade Arabia

Nesma inks key infrastructure development contracts with Jasara

NesmaPartners has announced that it has signed a MoU with Jasara Program Management Company in a strategic move aimed at advancing Saudi Arabia's infrastructure sector and aligning with Vision 2030. Jasara - a joint venture between Aramco, the Saudi wealth fund PIF and construction major Jacobs - specializes in delivering high-impact infrastructure projects. This collaboration will leverage Nesma & Partners' extensive expertise in execution and Jasara's strength in project management to optimize the delivery of complex developments across the Kingdom. Additionally, the partnership will establish a framework for joint training initiatives, equipping local professionals with advanced skills to support the nation's long-term development goals. The agreement was signed by Samer Abdul Samad, President & CEO of Nesma & Partners, and Mohammed Almana, President & CEO of Jasara, held at the Private Sector Forum 2025 in Riyadh. This agreement reinforces a shared commitment to driving innovation, efficiency, and excellence in large-scale project delivery, said senior officials at the ceremony. Samad said: "This agreement underscores our commitment to operational excellence and the development of Saudi talent. By partnering with Jasara, we are strengthening our collective ability to drive innovation, elevate quality, and enhance efficiency in project execution while empowering the next generation of Saudi experts." Almana said: "Our partnership with Nesma & Partners represents a significant step toward strengthening local capabilities in project management and building a bright future for the kingdom's infrastructure. We are committed to delivering innovative solutions that elevate projects to new heights, driven by the highest standards of quality and efficiency, to achieve the goals of Vision 2030." "We are always focused on enhancing work quality and driving sustainable development in the Kingdom," he stated.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store