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New industrial complex in Dammam set

Post Time:Sep 25,2008Classify:Industry NewsView:549

Construction Products Holding Company (c) is building another industrial complex to meet growing demand from an unprecedented construction boom in the region.

CPC’s new complex located in the Dammam Industrial Zone has an area of 600,000 square meters.

It will be developed into a network consisting of an electric cables factory, a construction steel factory, float glass factory, ready-mix concrete plant, precast concrete plant, transportation company, warehouses and housing & offices facilities.

When completed, it will be CPC’s fourth industrial complex and the third largest, said Dr. Faysal Alaquil, director, Business Development and CPC official spokesperson.

“It will have the most advanced equipment and machinery so as to meet the great demand of construction projects in the Eastern Region” he added.
Alaquil said the purchase of the land worth approximately SR60 million is in the final stage of negotiations, adding that the the zone development will start sometime in mid-October this year.

Precast factory is the first to be built once all the regulatory and other paperworks are done, in order to provide the required materials for CPC’s ongoing projects in the area, among others, he further said.

CPC presently has industrial complexes in Jeddah, Bahra and Riyadh.

“Our Dammam industrial complex is the fourth for CPC and the third in terms of size and it is in line with our development plan to extend our reach across Saudi Arabia with ‘one-stop shops’ offering building and construction materials straight from our factories.”

Asked whether the global financial turmoil has impacted on the Kingdom’s construction industry, Alaquil said that though the local industry has not been affected (yet by the crisis), it is always prudent to exercise caution and do a careful analysis before starting a project.

In the case of construction industry, securing the needed materials and related equipment is imperative to quarantee the continuity of the project within the predetermined timetable, he said.

Alaquil confirmed that CPC’s mission statement is to give construction companies and contractors convenient access to its various products of the highest quality standards.

“Success in this regard has motivated us to build more industrial complexes, especially in view of the unprecedented upswing in construction of giant projects in various areas of the Kingdom,” he added.

Source: Construction Products Holding Company (CPC)Author: shangyi

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