Riyadh - Mubasher: Saudi Aramco has entered into an agreement with Jacobs Engineering Group to form a Saudi Arabia-based joint venture (JV) company to provide professional program and construction management (PMCM) services for social infrastructure projects.

According to a press release issued Saturday, the company will provide its services throughout the Kingdom of Saudi Arabia and across the Middle East and North Africa.

The new company’s services will include a full-spectrum of professional PMCM activities, with expertise in supporting all phases of the project lifecycle for social infrastructure projects.

The company will advance training and help create quality jobs for Saudi nationals through the development of a sustainable and competitive program.

“Jacobs’ presence in Saudi Arabia spans more than 40 years,” the company said in its statement.

“Our joint venture exemplifies the power of bringing together Saudi Aramco and Jacobs as an effective economic catalyst to support the Kingdom’s Vision 2030,” said Steve Demetriou, the Chairman and CEO of Jacobs.

“The new company combines Jacobs’ industry-leading capabilities and our joint project delivery skills to help transform social infrastructure in this rapidly changing region,” he added.