The Middle East has become a key geography for US engineering company CH2M Hill, with about 10 per cent share of its revenues coming from the region. It is working on a number of major projects, including work for events such as Expo 2020 in Dubai and the 2022 World Cup in Qatar.
It has reorganised its business units, put in place stronger risk management processes and rebranded as CH2M.
Jacque Hinman, CEO, CH2M
Global CEO Jacque Hinman tells MEED how the company is pushing for growth, particularly after some difficult financial numbers last year, the importance of the Middle East to the company and why it has rebranded as CH2M.
Weve put in [place] some much stronger risk management processes so that we dont take on the kind of risk we had taken on before. Really, that kind of risk that we took on is better served by many of the commodity contractors and specialised markets, and we are an engineering consultancy, programme management, innovation-oriented organisation.
Neil Reynolds, senior vice-president and managing director at CH2M Hill, discussing the regional outlook for the projects market