DOHA/RIYADH: Alessa Industries Group, one of the leading integrated industrial conglomerates in Saudi Arabia, has announced their plan to expand into the Qatari market leveraging the huge potential offered by diverse sectors of the economy, a press statement said yesterday.
Yousef Al Mutlaq (pictured), CEO of Alessa Group, said: “The decision to boost our presence in the Qatari market is based on the country’s promising potential. Qatar has registered one of the highest growth rates in the region across various industry segments. The move also reflects our commitment to supporting economic integration between the member nations of the Gulf Cooperation Council.”
The Alessa Industries Group laid the groundwork towards strengthening its presence in Qatar early last year through setting up a dedicated branch office here.
Al Mutlaq added: “We have already established a strong relationship with several leading companies in Qatar. This is driven by our presence and reputation in the market through our partners and portfolio of products. While our partners represent a range of well-known local and international trademarks such as Gibson and Hitachi, we have consistently catered to the country’s demand for innovative products, especially eco-friendly offerings that are compatible with Qatar’s green buildings standards.”
According to the Group it offers solutions that complement the vision of the Qatari leadership to position the nation at the forefront of energy management and green buildings.
He further added: “Our multi-pronged presence in Qatar will see us support the economy across various sectors. We are particularly keen to contribute to the World Cup 2022 with our capacity to provide a comprehensive bouquet of products that meet the policy of the construction sector and the holistic needs of infrastructure developments including stadiums and hospitals. We are already in dialogue with members of the technical committees of the World Cup 2022, which sets standards and specifications for projects in the state. We are gearing up to announce our first project in Qatar soon.”
In view of tailoring their offering, Al Mutlaq confirmed that in 2012 the firm teamed up with several internationally based partners, including a US-based company with expertise in eco-friendly air handling units, and had successfully executed several projects in Saudi Arabia and the UAE.
He also stressed that the company is keen on marking a strong participation at the 10th ‘Qatar Projects’ exhibition, the leading international tradeshow for materials, equipment and techniques of construction and environmental technology in Qatar and the region that attracts senior buyers seeking the latest technology and equipment.
The Peninsula
