HLG launches new UAE-based water contractor
Advance Water and Environment targeting slice of GCC water investment
The Habtoor Leighton Group (HLG) and engineering, contracting and services provider, John Holland, have announced the formation of a new partnership which will see the establishment of a new Dubai-based company called Advance Water and Environment. The firms say that the new entity will “become the region’s preferred water and environment contractor”.
Speaking at the MEED Water and Wastewater Conference in Abu Dhabi, HLG CEO and MD, Jose Antonio Lopez-Monis said, “Water and water-related projects are key growth markets for HLG. Advance Water and Environment, and the strength of both HLG and John Holland places us in an excellent position to take advantage of the increasing opportunities in this growing sector.”
“This strategic partnership will put us at the forefront of desalination, wastewater treatment and recycling, water storage and transmission, and specialist environmental projects in the region,” he added.
The pair has said that investment in GCC water-related projects is expected to be over US $50 billion over the next five years.
“John Holland’s unparalleled experience and technical expertise has seen it deliver some of the most challenging and technically complex projects around Australasia. We are proud to bring our skills and ingenuity to new partnerships with other Leighton Group companies in offshore markets,” said Greg Taylor, general manager of John Holland’s Water and Environment business.
“The establishment of this new specialist business aligns with HLG’s strategy to diversify into new markets and new geographies. Our initial focus is on delivering more projects in Qatar, where we already have a strong track-record with Kahramaa, and pursuing more opportunities in the Kingdom of Saudi Arabia, Kuwait and Iraq,” Lopez-Morris added.