Wolffkran and Zamil Group JV to build crane manufacturing facility in Riyadh

Wolffkran entered a joint venture with Zamil Group to develop a WOLFF crane manufacturing facility in Riyadh, Saudi Arabia, and build a rental fleet of 300 cranes. The JV plans to invest about SR1 billion ($270 million) and produce approximately 150 cranes annually.

“Saudi Arabia is currently experiencing a construction boom and we are proud to be pioneering this dynamic market with local tower crane production.”worldconstructionnetwork.com

• 1 source
• worldconstructionnetwork.comWolffkran JV to build crane manufacturing facility in RiyadhUpasana MukherjeeMar 6, 2024

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