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Article: Taking the plunge: one of the world's leading engineering companies, CH2M Hill aims to double its Middle East market share by 2008.(CH2M Hill Companies Ltd.)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- August 19, 2005
- Author:
CopyrightCOPYRIGHT 2005 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As one of the world's largest engineering firms, the US' CH2M Hill is known the world over. However, its Middle East profile is not as high as might be expected. Although the firm has been active in Egypt since the 1980s and has also worked in Jordan, the West Bank and Iraq, its revenues from the region have traditionally averaged less than 10 per cent of the company's $3,200 million annual turnover.
All this is set to change. CH2M Hill--the name is derived from the initials of the firm's founders and a subsequent merger--is refocusing its efforts in the Middle East, and has opened a new regional office in Dubai. Starting with its water, wastewater and water ...