Kier secures £145m projects in Mid-East

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Kier secures £145m projects in Mid-East

Kier Group has landed over £145m of new construction contracts in the Middle East since the start of 2015.

In Dubai, it has been named preferred bidder for a £100m mixed-use development and two infrastructure contracts totalling £15m as part of a major new leisure park project.

In Saudi Arabia, Kier has won a £30m infrastructure project with a state-owned company in the eastern region.

Work on the projects is expected to begin this month.

Kier chief executive officer Haydn Mursell said: “These international awards are testimony to the strong relationships that we continue to develop with customers in the Middle East and the breadth of construction capability that we can offer customers in this market. These awards further emphasise our continuing strong order book.”

The contract wins build on substantial growth in Kier’s international business. In the last 12 months it has doubled its revenue and secured other projects in the Middle East for clients in the finance, leisure and education sectors. Schemes include a £105m joint venture for a spa and hotel in Abu Dhabi, an £87m joint venture with Mercury to build a new data centre for a bank in the UAE, the £47m Dubai Parks project and a £26m project for Dubai University.

Source: Constructionindex.com

Link: http://tinyurl.com/nud7uzd

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.