Jacobs Wins Contract With InoChem In Saudi Arabia

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Jacobs Wins Contract With InoChem In Saudi Arabia

Jacobs Engineering Group Inc. (NYSE:JEC) announced it was awarded the second phase of InoChem’s project management consultancy (PMC) services contract to undertake, among other important activities, the development of its soda ash and calcium chloride manufacturing complex in Yanbu Industrial City, Saudi Arabia.

Under the terms of the agreement, Jacobs is providing PMC services during all phases of the project. The services are being led and closely supervised by Jacobs’ Al-Khobar office, with work being executed out of multiple locations around the world and specialist support from its offices in Shanghai, Abu Dhabi and Antwerp.

InoChem is the first manufacturer of soda ash in Saudi Arabia and the Cooperation Council for the Arab States of the Persian Gulf region, as well as the biggest manufacturer of calcium chloride in the Middle East and North Africa (MENA) region.

In making the announcement, Abdul Aziz Yahya Al-Muaiyyad, Managing Director and Chief Executive Officer of IDEA Soda Ash & Calcium Chloride Co. (ISACC), said the signing is just another important milestone in the overall development of the project progressing on time and on track. “We are delighted to continue working with Jacobs on our manufacturing complex in Yanbu Industrial City, where we are building one of the Kingdom’s strategic projects to diversify economy and reduce dependence on oil exports. Not only will the project contribute to industry developments through supplying its products to a number of downstream manufacturing projects, it will also contribute to achieving a Saudization rate of up to 75 percent of the total workforce,” he said.

Jacobs’ Group Vice President Bassim Shebaro stated, “Jacobs has been involved with the InoChem project since commencing work on the concept phase, and we are proud to have been selected to continue our work on one of the most strategic projects in the Kingdom.” He added, “Our services are being led from our Saudi operations, which further demonstrates our commitment to Saudization through the recruitment, training and development of local Saudi talent, in line with InoChem priorities.”

ISACC is a Saudi limited liability company based in Al-Khobar, Saudi Arabia. ISACC is leading the development and establishment of InoChem (Saudi joint stock company) to own, build and operate the industrial complex. The industrial complex operations are planned to commence in 2018.

Jacobs is one of the world’s largest and most diverse providers of technical professional and construction services.

Source and Link: EPC Engineer.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.