Read this article in French German Italian Portuguese Spanish
Wolff tower cranes to be built in Saudi Arabia
13 February 2024
Members from Wolffkran and Zamil Group announcing the joint venture agreement. Photo: Wolffkran
Manufacturer Wolffkran and the Zamil Group in Saudi Arabia have signed a joint venture agreement to manufacture tower cranes in the Middle East.
Wolffkran and Zamil Group aim to meet the growing demand for tower cranes in the Kingdom of Saudi Arabia. It has been estimated that as many as 20,000 tower cranes will be needed to complete the various NEOM development projects.
Construction of a tower crane manufacturing facility, now underway, will be the first of its kind in the Middle East, Wolffkran said.
The agreement was announced at the Private Sector Forum 2024 in Riyadh, hosted by the Public Investment Fund (PIF).
Zamil Group is a large investment holding with multiple subsidiaries, including in steel fabrication, construction, engineering, and manufacturing. One is Eastern Morris Cranes, a manufacturer of EOT and other factory cranes.
In addition to demand from the Saudi market, the new tower crane factory will produce tower cranes for export elsewhere in the MENA region.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
CONNECT WITH THE TEAM
