Tom Bower, managing director for WSP | Parsons Brinckerhoff’s Middle East operations, has climbed three places from his position on Construction Week’s 2015 Power 100.
In the GCC, Bower’s team has helped deliver – and continues to support – a range of large-scale projects, including Dubai Metro, Mohammed Bin Rashid Al Maktoum Solar Park, and Zayed National Museum in the UAE; Ras Laffan C Independent Water & Power Plant, Contract 1 – Orbital Highway, and Lekhwiya Handball Arena in Qatar; Kempinski Hotel, Barka Development, and Saraya Bandar Jissah in Oman; Rabigh Power Plant 2, Makkah Public Transport Programme, and Jeddah Corniche Tower in Saudi Arabia; and First Ring Road, South Surra, interchanges and elevated U-turns at Nawaseeb Road, and Sabiya Power Station in Kuwait.
In its 2015 financial year, the Canada-headquartered consultancy achieved an estimated net revenue of $1.16bn (CAD1.5bn). The estimated percentage of the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) is 11.2% during the same period.
As has been the case for many local construction outfits, Bower and his colleagues have had to streamline the consultancy’s Middle East activities during the past 12 months, cutting 150 jobs since 2015. Nevertheless, WSP | Parsons Brinckerhoff boasts a regional cohort of more than 1,200 professionals, 953 of whom are qualified engineers.
Commenting on his company’s regional opportunities, Bower told CW: “The Middle East is an incredibly exciting and rapidly developing area to work in. There is a constant drive forward on significant projects, and this is now underpinned by the need for the GCC to be ready for both the Expo 2020 in Dubai and the 2022 FIFA World Cup in Qatar.
“WSP | Parsons Brinckerhoff’s biggest opportunity [in the Middle East] is to ensure that it is selected for a range of these projects, as well as continuing to support our many clients on the existing work that they are doing,” added Bower.