KPM Engineering revenue grows on big Saudi projects win

KPM Engineering revenue grows on big Saudi projects win

Global multidisciplinary engineering company, KPM Engineering (KPM) has announced that it has achieved a record year in 2022 with a 100 per cent increase in revenue growth across the business.

The company secured 6 million sq ft of projects in Saudi Arabia, with 30% of all the organisation’s GCC projects based in the kingdom last year.

Buoyed by its growth in the kingdom, KPM has set up its first office in Saudi Arabia, which will be fully operational this summer. It also plans to open additional offices to support international projects, including one in the UK.

Saudi Arabia, it stated, will remain the group's key focus for 2023 with nearly 50% of the organisation’s GCC tally coming out of the kingdom.

This year, the multidisciplinary engineering firm will focus on hospitality, residential and mixed-development projects in the kingdom, working alongside international architecture firms such as DSA Architects International and RMJM.

Its project pipeline includes DoubleTree, a $151 million international hotel in Jeddah, an integrated residential and retail development in Riyadh, and a 4.5 million sq ft mixed-use project in Makkah.

In response to increased demand for KPM’s services in Saudi Arabia, the organisation will manage these projects from its first Saudi-based office, which will be fully