SENNEBOGEN has agreed a strategic partnership to locally manufacture crawler cranes through its national partner PWS and Bersy Engineering Consultancy Bec-Fze with backing from the National Industrial Development Center (NIDC), the industrial investment arm of the government of Saudi Arabia.
As part of Saudi Arabia’s Vision 2030 and its ongoing efforts to localise strategic industries, Pipes & Wells Services Company (PWS), a subsidiary company of Abdel Hadi A. Al-Qahtani & Sons (AHQ), signed the industrial partnership with the leading German machinery manufacturer “to manufacture an attractive product line of crawler cranes within the Kingdom of Saudi Arabia” this week.
The deal was sealed with the support and presence of the National Industrial Development Center (NIDC), with “the goal of enhancing technology transfer and advancing local manufacturing capabilities”.
The official agreement was signed by Abdulmalik Alqahtani on behalf of PWS, Erich Sennebogen on behalf of SENNEBOGEN, and Eng. Bakr Bersy Bersy on behalf of BEC. The signing ceremony was attended by Eng. Mohammed Atia Nosser, General Manager of the Equipment Division at PWS, along with the Executive Vice President of the NIDC and the Manager of the Machinery and Equipment Sector at the Center.
Saudi Arabia’s construction industry is emerging as a global leader, showcasing substantial investment and employment opportunities for both domestic and international companies. The nation’s focus on mega-projects and advanced infrastructure initiatives is successfully attracting foreign businesses by promoting an environment centered on sustainability and innovation.
This transformation is evident in the machinery sector of the Middle East, where the demand for various types of equipment continues to rise. SENNEBOGEN and PWS, recoognises this trend and are poised to invest in the production of the first crawler cranes manufactured in Saudi Arabia, noted Hasan Al-Shehri, Business & Product Development Manager at NIDC.
“I am honored to be part of this localisation journey, and we eagerly anticipate t establishment of a state-of-the-art factory in the country soon.”
“This initiative is part of the NIDC’s efforts to promote collaboration between local and international companies and to bolster the growth of the Kingdom’s industrial sector, positioning it among the world’s leading nations in this domain.
“This partnership aims to enhance the transfer of cutting-edge industrial technologies and develop local manufacturing capabilities, marking a significant milestone in the localisation of the heavy equipment manufacturing sector,” said Al-Shehri “It will also strengthen local supply chains, create high-quality job opportunities, facilitate knowledge transfer, and empower national talents.”