Wolffkran and Zamil Group form JV for crane production in Saudi Arabia
Wolffkran entered into a joint venture with Zamil Group to open a WOLFF crane production facility in Saudi Arabia and build a rental fleet of 300 cranes. The facility will be the first tower crane manufacturing plant in the Middle East.
Value
$270.0M (250.0M EUR)
Capacity
150 luffing jib and trolley cranes per year
Productstower cranes
“Saudi Arabia is currently experiencing a construction boom and we are proud to be pioneering this dynamic market with local tower crane production.”news.goalfore.com
- 2 sources
- news.goalfore.comWolffkran, Zamil Group Signs JV for Crane Production facility in Saudi Arabia - News – Goalfore Advisory - China's Leading Advisory Firm Specializing in Global InfrastructureMar 12, 2024
- lectura.pressTower crane pioneers in the Middle East – Wolffkran enters into joint venture in Saudi Arabia | LECTURA PressWOLFFKRANMar 13, 2024
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