Investment in Saudi Arabia Joint venture for the local production of crawler cranes

08.06.2026 Saudi Arabia

Production of SENNEBOGEN crawler cranes in Saudi Arabia

The National Industrial Development Center (NIDC), PWS (Pipe & Well Services Co.), a subsidiary of the Saudi industrial group AHQ Group (Abdel Hadi Abdullah Al-Qahtani & Sons Co.), SENNEBOGEN and Bersy Engineering Consultancy FZE have entered into a joint venture for the local production of lattice boom crawler cranes. The investment volume amounts to SAR 220 million (€ 49.5 million). The joint venture was officially announced during the Heavy Equipment Connect (HEC) conference in Dammam.

The German–Saudi cooperation began in February 2025 and quickly gained momentum. During a delegation visit at bauma 2025, both parties already agreed on signing a Letter of Intent. At HEC in February 2026, the commitment was officially made to jointly invest in a new production facility in Dammam. The future company will primarily focus on metal processing and steel fabrication for crawler cranes production.

Announcement of the Joint Venture at HEC 2026 in Dammam — From left to right: Hassan Al-Shehri (National Industrial Development Center: NIDC, Saudi Arabia), Saleh Al-Solami (NIDC, Saudi Arabia), Erich Sennebogen (SENNEBOGEN), H.E. Khalil Bin Salamah (Vice Minister of Industrial Affairs, Saudi Arabia), Tariq Abdel Hadi Al-Qahtani (AHQ), Khalid Al Homoud (NIDC, Saudi Arabia).

Cooperation taken to the next level

Erich Sennebogen: “The joint venture represents the next stage of cooperation with PWS in sales and service for our lattice boom crawler cranes. We have been supplying machines to Saudi Arabia for many years — in the future, we will also manufacture there. The primary focus will be the Saudi market, while also supporting export markets in neighbouring regions.”

The joint venture was established in close coordination with the Saudi authorities and specifically with NIDC. The initiative supports the national strategy of bringing advanced technologies into the Kingdom of Saudi Arabia. SENNEBOGEN contributes the necessary technology while also creating jobs in Bavaria. Overall, the target is to achieve 50 % local value creation in Saudi Arabia.

Quick agreement — a Letter of Intent was signed as early as bauma 2025. — Front row, from left to right: Hassan Al-Shehri (National Infrastructure Development Center: NIDC, Saudi Arabia), Bakr Bersy (BEC FZE), Khalid Al Homoud (NIDC, Saudi Arabia), Abdelmalik Tariq Al-Qahtani (Abdel Hadi Abdullah Al-Qahtani & Sons Co.: AHQ), Erich Sennebogen (SENNEBOGEN), Walter SENNEBOGEN (SENNEBOGEN), Alexander Sennebogen (SENNEBOGEN), Nagy Nashaat (BEC FZE). Second row, from left to right: Hosam Ibrahim Ismaiel (Pipe & Well O. & M. Services Co.), Mohammed Nosser (Pipe & Well O. & M. Services Co.), Michael Ibarth (SENNEBOGEN).

First crawler crane in 2028

Following the official announcement of the joint venture at HEC, the focus now shifts to plant planning. Construction is scheduled to be completed by the end of 2027, allowing the first crawler crane to roll off the production line as planned in 2028.