Saturday 7 December 2019
 
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FACILITY, ASSET MANAGEMENT BOOST

Saudi's Mashroat signs key King Fahd Causeway pact

RIYADH, 19 days ago

Saudi-based The National Project Management, Operation and Maintenance Organization in Public Entities (Mashroat) and King Fahd Causeway Authority (KFCA) have signed an agreement to raise the efficiency of KFCA’s facility and asset management as well as its overall operation and maintenance practices as the latter embarks on ambitious plans to build a second causeway linking Saudi Arabia and Bahrain.

As per the joint agreement, Mashroat will support KFCA in introducing an advanced and effective corporate model in accordance with international best practices to enhance efficiency and transparency in its facility and asset managment.

The MoU with Mashroat reflects the importance of the King Fahd Causeway between Saudi Arabia and Bahrain as a vital infrastructure link enhancing the economy and population movements in the Gulf region, said the statement from the company.

To cope with increasing demand, a parallel 25 km bridge with additional lanes for vehicles, trucks and two railway tracks is planned and KFCA has already signed contracts with a number of international companies to move into the transitional phase, it stated.

It also includes technical support to be provided by Mashroat to improve KFCA’s operation and maintenance portfolio, said the statement.

This will cover bridges, columns, administrative and investment buildings, backup power plants and water treatment plants at the new causeway, it added.

Director-general of Mashroat Ahmed Al Balawi said: "We are delighted to have signed a memorandum of understanding with King Fahd Causeway Authority as they embark on construction plans for  a second much-needed transport connection between Saudi Arabia and Bahrain."

"Our role will be to help them benefit from global standards and enhance the facility and asset management operation," he noted.

“Our partnerships represent positive progress towards achieving facility management at an international level and raising the overall efficiency and sustainability of major infrastructure projects,” stated Al Balawi.

KFCA CEO Engineer Emad bin Ibrahim Almohaisen said: "We welcome this new partnership with Mashroat to ensure the highest international standards are met during construction. We will benefit from Mashroat’s experience in raising efficiency in facility and asset management and across our operation and maintenance portfolio."

"Mashroat will also help us standardise procedures and processes to enhance efficiency, effectiveness and governance in our corporate management, in accordance with the Kingdom's Vision 2030," observwed Almohaisen.

"The King Fahad Causeway is witnessing a steady growth in the passenger and cargo movement with the annual increase in the passenger numbers estimated at 7% over recent years which has led to plans for a second transport link," he added.

The National Project Management, Operation and Maintenance Organization in Public Entities (Mashroat) is the state's enabling arm for infrastructure projects.

It provides consultancy and technical support to government agencies in project management, operation and maintenance in order to enhance the effectiveness, efficiency and sustainability of the national infrastructure and ensure the projects are in line with global best practice and meet the ambitious aspirations of Vision 2030.-TradeArabia News Service




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