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Saudi Arabia Report
Marcopolis presents the Saudi Arabia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives. The sectors under review in this issue are industry, real-estate, ICT, investments, banking sector, telecom sector and many more.
VideosMarch 04, 2021
Al Bawani Holding Company: A Reliable Player in the Local Construction Market
- Written by Sandra Francisco
- Published: March 04, 2021
Nasser Al-Shawaf, Member of the Board of Al Bawani Holding Company, explains what makes Al Bawani different from the competition and mentions some of its key projects in Saudi Arabia.
"The construction market is a highly competitive one in the local economy. We pride ourselves on being really top in terms of performance and we have grown to be among the top five players in the local construction market. We have a particular edge in high end projects, specialized hospitals, defense and security projects, clients that require a five or six star level of finishing and quality, very iconic buildings with unique facades, etc. In King Abdullah Financial District and the Digital City, we are building very beautiful, pretty buildings. We are very strong in rush projects. We have the mindset, the determination to deliver projects with very, very tight deadlines. Given the government's ambitious plans to host world class sporting events, entertainment events, etc., we are a credible, reliable, and trusted partner for the various companies and government organizations who would like to make the impossible possible. We are there to stand behind them and deliver", says Nasser Al-Shawaf.
"One example where we have turned the pandemic into an opportunity was with the Riyadh Airport Authority. Given the lockdown and the low volume of travelers, they asked us whether they should look into renovating some of their terminals. We worked side by side with them and renovated Terminal 1 in a record four months, really working day and night. That is a project that we are very proud of delivering in such a tight timetable. Another project is the Red Sea Development Company. It is a highly ambitious development company trying to put Saudi Arabia on the global tourism map. They wanted to build a resort in a very remote area. It is a beautiful part of Saudi Arabia that is completely unspoiled. They wanted someone who really has that risk appetite and entrepreneurial spirit to step up and build the infrastructure and get this site ready to build a world class resort", he adds.
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