Korea’s HanmiGlobal bags 2-year contract in NEOM

Logos of NEOM and HanmiGlobal

South Korean project and construction management firm, HanmiGlobal Co., secured a supply contract to provide services to some ongoing projects in Saudi mega-city, NEOM, Yonhap News Agency reported, citing a company statement.

Under the two-year contract, HanmiGlobal will manage administrative services in THE LINE project, including resources, structure, designs, execution, in addition to the project’s filing and documents.

Crown Prince and board chairman of NEOM, Mohammed bin Salman, unveiled THE LINE project within NEOM on Jan. 10, 2021. THE LINE project will contribute SAR 180 billion ($48 billion) to the Kingdom’s gross domestic product (GDP) by 2030. The new project will provide 380,000 job opportunities and help implement the economic diversification strategy, in line with Vision 2030.