"This agreement is a key step in enhancing project quality and aligning our work with international standards. It strengthens our innovation through advanced engineering and sustainable design, supporting our vision for integrated urban development in line with Saudi Vision 2030," said Mr. Falah Fahad Al-Qahtani Amaar Real Estate CEO. He added: "This partnership also focuses on building long-term capabilities by transferring knowledge and developing Amaar Real Estate’s team through direct collaboration with Dorsch Global experts, boosting their efficiency and readiness for high-quality, strategic projects."
This partnership seeks to harness Dorsch Global's technical expertise in key areas including master planning, conceptual design, project costing, cost control, and implementation oversight. The proposed areas of cooperation include vertical real estate projects and horizontal infrastructure projects, aimed at enhancing the quality and sustainability of Amaar Real Estate's projects across the Kingdom, particularly in the Eastern Province.
"We are pleased to sign the MoU with Amaar Real Estates, and we look forward to a fruitful partnership that would contribute to supporting the urban development process in Saudi Arabia," said Peter Neuschaefer, General Manager of Dorsch KSA. "We are confident that combining our expertise with Amaar Real Estate’s ambitious vision will result in high-quality and suitable projects that adopt the latest innovative solutions in design and planning, contributing to achieving the goals of Saudi Vision 2030."
Under the non-binding memorandum of understanding, the two parties establish a general framework for long-term cooperation in various fields, rather than a single specific project. This will enable the exploration of joint development opportunities, ranging from engineering consulting and urban planning to infrastructure and sustainable design.