Under a SR6.1 billion ($1.63 billion) contract awarded in January this year, Saudi Oger has commenced work on the massive Jabal Omar Development Project in Makkah.
A$12 billion purpose-built city in Riyadh, which will provide 55,000 homes for some 200,000 people and feature a host of facilities, has been launched by Limitless, the global master development arm of the UAE-based Dubai World.
Projects that were created on the drawing boards of Arch Centre are now taking shape across Saudi Arabia right from Madinah in the west to Hasa in the east.
Multimillion-dollar projects that will be landmarks in their own rights in Riyadh – ranging from a garden that recreates a prehistoric setting to futuristic office towers – are now set to unfold as their designer Omrania and Associates (O&A) gets the spade work ready to facilitate the launch of these prestigious developments.
With 70 per cent of the concreting works complete on the estimated $10 billion King Abdullah University of Science and Technology (Kaust), main contractor Saudi Oger has embarked on the initial mechanical and electrical works on the prestigious project. The SR6 billion ($1.
ASR1.4 billion ($373.28 million) contract for the construction of the 16 residential towers within Bay La Sun Village – the first and fully integrated residential community within the $52 billion King Abdullah Economic City (KAEC) taking shape in Rabigh, near Jeddah – was awarded to Saudi Binladin Group last month.
Two aluminium smelters and an oil refinery are among the first mega industrial ventures that are expected to break ground at the ambitious $30 billion Jazan Economic City (JEC), being built by the Red Sea, 725 km south of Jeddah.
Buoyed by record oil prices and healthy real economic growth, Saudi Arabia, the region’s largest market, is embarking on mega projects at a scale that has never before been witnessed in the kingdom’s history. One of the fastest growing economies in the region, the kingdom – which recorded real economic growth at 6.1 per cent in 2005 and 4.
In response to a growing trend in the Saudi construction market for high-rise structures, particularly in previously undeveloped areas of the kingdom, Saudi Readymix, the leading readymixed concrete producer in Saudi Arabia recently hosted a series of seminars on pumping concrete in high-rise structures.
Al Muhaidib Technical Supplies (MTS), a leading Saudi-based specialist supplier of bolts, nuts and fixing materials, has witnessed considerable growth both in terms of its structure as well as in business volumes and is looking at expanding even further.
Over the past year, Jeddah-based Batterjee Security Products says it has made considerable headway in its “strategy for growth” transforming into a larger, more competitive company focused on the electronics, security and telecommunications market.
Having recorded its best ever physical and financial performance last year, through a continued emphasis on higher quality production, Dammam-based pre-engineered steel building (PEBs) specialist Zamil Steel is optimistic of an even brighter year ahead with a healthy order book that includes a number of landmark projects in Saudi Arabia.
Awide range of palace, hotel and shopping mall projects has been keeping Alarabi Decoration and Construction Company busy over the past year as the Jeddah-based interior decoration specialist continues to fill up its order books with similar luxury developments spread throughout Saudi Arabia as well as in the other GCC countries.
As the sole manufacturer of concrete batching plant in the Middle East, Saudi Arabia-based Al Kifah Batching Plant (KBP) has seen tremendous demand for its products in the region and is now actively expanding its capacity to meet the anticipated surge in business.
Al Houssain and Al Afaliq Com-pany (Haco), a manufacturer of readymix concrete blocks and aggregate products, has recently opened two new branches in Saudi Arabia in Khurais and Qurayyah and is set to open another branch in Jubail at the end of this month, in order to cater to the increased demands from the construction sector of the region.
Leading Saudi Arabia-based paints manufacturer Raghadan has launched a new line of silicon and anti-microbial coating systems in a bid to diversify its range to meet the demands of a buoyant construction sector and expand its market penetration.
Construction work is currently in progress on a second factory for Saudi Vitrified Clay Pipe Company (SVCP), a Riyadh-based manufacturer of fully-glazed vitrified clay pipes and fittings.
Jotun Paints, one of the world’s leading producers and suppliers of paints and coatings, has recently secured an SR1.5 million ($400,000) contract with the General Authority of Civil Aviation (GACA) in Saudi Arabia.
Dammam-based Canam Asia Limited (CAL) has recently obtained the Underwriters Laboratories (UL) certification for its plain and composite decking panels manufactured at it newly-inaugurated facility in Ras Al Khaimah in the UAE.
The Arabian Company for Ceramics (Porsalina), a Riyadh-based specialist manufacturer of ceramic sanitary ware made of vitreous china, is currently focusing on making further inroads into the Saudi and other Middle Eastern markets with a new improved product portfolio that is available in a wide range of designs and colours.
Interest in AceCad products in the region is greater than ever before, says the leading supplier of software solutions to the international structural steel industry, which in 2005 established its regional office – AceCad Software Middle East – to meet the growing demands of the regional market.
Saudi Arabia-based Mohammed Saad Aldrees Steel Doors and Frames Factory is currently launching a number of new products that are targeted not only at Saudi Arabia but the entire Middle East market. Already a front-running supplier to the Saudi market, the company is eyeing the Number One position in the doors manufacturing sector.
Afocus on quality and prompt service has ensured its success says Dammam-based Al Ajab Metal Galvanizing Factory, which has just launched a new galvanising plant in the area to support to its valuable clients in and around Jubail and thus save their time and cost.
Awal Acrylics, a leading Bahrain-based manufacturer of high-grade sanitary ware products, is currently diversifying and expanding its product portfolio to meet the requirements of a more expansive market of Saudi Arabia and other Gulf countries.
TNagadi Preformed Concrete Factory is boosting its presence in the kingdom by expanding its facilities at Yanbu and making major investments in new machinery and equipment, in a bid to cater to the increased demand for its products in Rabigh, Jeddah, Makkah and Madinah.
Riyadh-based Tower Specialist Manufacturing Company (Tosmac) aims to solidify its position as one of the leading manufacturers of telecommunication towers in the Gulf region and increase its market share in the structural and general steel fabrication work in the building construction industry in Saudi Arabia.
The past year has been a highly successful one for the well-diversified Al Osais International which has been busy with several major projects in Saudi Arabia in the wake of an upsurge in activity across the region as the company continues to multiply and intensify its capabilities.
Riyadh-headquartered Al Makateb, which manufactures, markets and trades in quality office and residential furniture, partitions and fire-rated steel doors, is focusing on establishing itself as a total office solutions provider in the region.
Riyadh-based insulation specialist Saptex claims to be the only manufacturer and supplier in the Mena (Middle East and North Africa) region to have a vast portfolio of 10 thermal insulation products.
Ranked among the top 100 Saudi companies, the IKK group of companies is leveraging its global footprint to enhance its products portfolio across different business segments while capitalising on regional expansion opportunities.
As it marks three decades of “exceptional” service to the region, Unitech, a premier building and construction materials supplier in Saudi Arabia, looks ahead to a promising future by focusing on expanding its geographical reach across the Middle East and enhancing its product line-up.
Having experienced increasing sales over the past few years, Jeddah-based Ramat Marketing and Distribution Company is currently expanding its distributorship network with the opening of new branches in Makkah, Dammam and Rabigh in Saudi Arabia to offer enhanced and timely services to its customers.
Buoyed by the response it has received to its products in the Gulf, German formwork specialist Meva Formwork System is currently promoting its innovative formwork system that is equipped with a revolutionary all-plastic panel that is suitable for a wide range of building projects in the region.
Saudi Concrete Products Company (Sacep) can rightfully claim to have cornered the corniche wall market in the kingdom with projects such as the Al Khobar and Dammam corniches and, more recently, the Jubail Corniche in the Eastern Province to its credit.
Having achieved a whopping 25 to 30 per cent growth in business last year, Sigma Paints Saudi Arabia has set its eyes firmly on the Number One position in the regional paints market.
The world’s second largest paints and coatings company was formed recently, following PPG Industries’ acquisition of SigmaKalon (Sigma Paints), which itself was Europe’s second largest paint firm with sales of $11.2 billion.
Tamimi Tensile Structures, one of the largest companies in the field of tensile membrane structures in the Middle East, has launched a steel structure fabrication division, making it one of the few companies in the Gulf that can fabricate special steel structures, says Ayed Tamimi, executive manager of the company.
Jubail-headquartered Qanbar Dywidag Precast Concrete Company (QDC) is poised to spread westwards in Saudi Arabia and is looking forward to a turning point in its history as its sales catchment area grows to cover the booming cities of Jeddah, Yanbu, Makkah, Madinah and Tabuk. “We are expanding our reach to the Western Region.
Jeddah-based Sandwich Panel Factory (SPF) is actively promoting its range of polyurethane insulation panels, which according to the company, have the lowest thermal conductivity as opposed to other insulation materials.
LG Electronics, a global leader and technology innovator in consumer electronics, home appliances and mobile communications, has recently launched its new line of air-conditioners in the Saudi market through its Saudi distributor H G Ibrahim Shaker at a dealer convention in Jeddah held last month.
Altaiseer Aluminium Factory (Talco), a leading aluminium extrusion company in the Gulf, is set to open a new powder coating line shortly and has also chalked up plans to expand its manufacturing facilities this year to meet the growing demand for its products in the region.
Mabani Steel, the UAE-based designer, manufacturer and erector of pre-engineered steel buildings (PEB) and hot-rolled steel structures (HRSS) has announced that it will start construction of its new factory in Yanbu, Saudi Arabia, this month.
Al Nasser Company, a Riyadh-based supplier for leading brands of indoor and outdoor lighting fixtures, lighting control systems, wiring devices and security systems, is on an expansion drive to cover all the regions of Saudi Arabia and is also exploring new avenues for growth.
The International Company for Building Materials (Binex) is all geared to mark three decades of service to the Saudi market this year as a leading manufacturer, supplier and trader of a comprehensive range of building materials and is upbeat about prospects in the construction sector.
Impronta Ceramiche, a leading Italian manufacturer of large-size porcelain floor tiles and single-fired white body wall tiles, has recently launched several new innovative products with a view to expanding its project portfolio in the Middle East.
Precast concrete specialist AlRashid-Abetong, which has more than a thousand projects to its credit, is optimistic about prospects in the construction industry and expects the boom in the precast market to continue over the next few years.
