Dubai Investments showcases at Big 5 Saudi
Dubai, March 10, 2013
Dubai Investments, the largest investment company listed on the Dubai Financial Market, is showcasing its wide-ranging interests in the construction and ancillary sectors at the ongoing Big 5 Saudi expo in Jeddah.
During the event running from March 9 to 12, Dubai Investments will display its top product in glass and glazing solutions, aluminium extrusion, steel fabrication and design, architectural aluminium design and installation, contracting, as well as interior design.
Abdul Aziz Al Serkal, general manager at Dubai Investments, said: “This is a crucial period in the infrastructural development landscape for this region. Saudi Arabia is believed to have provisioned more than $200 billion towards this purpose, of which a sizeable investment has been earmarked for construction projects. This opens up a large window of opportunity for the engagement of resources that are easily available and of the highest quality.”
“Our showcase has been planned to cater to the unique needs of the Saudi market, which in essence is similar to that of other countries within the GCC region. The expertise offered by our manufacturing units has been appreciated by many visitors at this event.
“Currently, we are in talks with leading companies here to secure project orders. Dubai Investments has a massive growth direction for 2013, which based on its feasibility can also include local production possibilities in expansive markets such as Saudi Arabia,” he added.
One of the key elements at the Dubai Investments showcase is their locally established entity, Saudi American Glass (SAG), a subsidiary of Dubai Investments’ glass holding company Glass LLC.
With an annual output of 7 million sq m of high performance glass, SAG has supplied glass to major projects in Saudi Arabia such as the Kingdom Centre, Al Faisaliah Center, Ministry of Higher Education headquarters and the Riyadh Exhibition Centre.
SAG is also the first to introduce Vitroglaze, a sustainable self-cleaning glass product, in the local market. In addition, Emirates Glass, part of Glass LLC, has brought their expertise to the event.
Dubai Investments Industries, the industry arm of Dubai Investments, is marking its participation with some of its subsidiaries such as Emirates Extruded Polystyrene, Dubai Cranes and Emirates Building Systems (EBS) exhibiting their portfolio of project engineering and consultancy services.
EBS, a regular participant at the Big 5 expo in Dubai, is displaying its range of steel products and portfolio of structures for offices, residences, high-rise towers and other commercial, institutional and industrial buildings. The company is currently working on major projects including the Muscat International Airport Main Contract 2 expansion plan, steam turbine building for Sur IPP, Oman, the warehouse compound for the World Food Programme in Bossaso, Somalia, and the warehouse project for Gulf Warehousing Company (GWC) in Qatar.
Masharie, the private equity arm of Dubai Investments, is showcasing companies such as light fixture manufacturer Lite Tech, rubber and synthetics manufacturers International Rubber Company and Techno Rubber Company, aluminum and glazing contractor Folcra Beach Industrial Company, aluminium extrusions manufacturers Emirates Extrusion Factory, and laboratory fittings manufacturer Labtech. – TradeArabia News Service