PWC will spend $86 million in the first year of the contract renovating the two warehouses, which are in a state of disrepair. The remaining investment will be spent on capital costs, staffing and the operation and maintenance of the facilities.
The PMO is increasingly looking to logistics as the reconstruction programme moves ahead. It tendered in May a super-contract to manage the supply of some $3,500 million worth of materials for the reconstruction programme (MEED 7:5:04).
PWC is one of the Gulf's leading supply chain providers and has logistics and supply chain facilities throughout the Gulf. It has recently signed agreements to form joint ventures to provide supply chain solutions in Oman and Saudi Arabia (See page 16).
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