SAUDI-BASED East Fence Trade and General Contracting is poised to open an office in Abu Dhabi, UAE, in the next three months, as part of major plans to expand its services in the region.
According to owner and chairman Shaikh Mohamed bin Hamad Al Anzi, the group is in the final stages of setting up operations in the emirate, having obtained the necessary licences. East Fence aims to concentrate on real estate and industrial investments and take advantage of the various incentives offered by Abu Dhabi to investors, he adds.
“Success in contracting, real estate development and trade in general depends on the commitment and experience of personnel engaged in these key areas,” he comments. “In the kingdom and the Gulf, we have people who have proved themselves in these areas, thanks to their dedication, honesty and love for their profession.”
Following its move to set up operations in the UAE, among the first investment projects being considered by the group is the construction of an office tower in Abu Dhabi, according to Al Anzi.
“Through our branch in Abu Dhabi, we also seek to get in touch with international companies there with a view to availing of their products and services that fit into our line of business,” he adds.
East Fence also intends to offer its services in the infrastructure sector, undertaking works such as paving, lighting and sanitation. In addition, the firm is considering establishing a branch in Qatar, as part of its ambitious plan to diversify its services. It is looking at expanding by setting up quarries, block and readymix concrete factories, real estate investment and providing contracting services.
East Fence launched activities in 1986 and has succeeded in gaining an enviable position as a key player, especially in the Eastern Province of Saudi Arabia. It comprises three companies engaged in general contracting, trading and real estate development. Headquartered in Dammam, it has offices in major cities such as Jeddah, Riyadh, Al Jouf and the Northern Border region. The group employs around 150 people, including engineers and technicians with extensive experience in their field.
“East Fence keeps pace with the latest technology in the fields of road works, infrastructure and building works,” said Al Anzi. “Our skilled team of engineers, consultants and technicians ensure projects are carried out to the satisfaction of our clients.”
The group is also negotiating with foreign companies to obtain commercial agencies, and is looking to tie up with companies that are seeking to invest in the Gulf market, especially in Saudi Arabia, says Al Anzi.
East Fence has been implementing key projects in the Gulf region, including the development of domestic airports and infrastructure for military projects. Among the public sector projects it is engaged with are the construction of government buildings in Saudi Arabia, which are nearing the handover stage. It is also involved in projects for the ministries of education, housing and transportation and has taken up subcontracts including streetlighting, asphalting and sanitation works.