Construction Products Holding Company (CPC), a Saudi-based closed-joint-stock-company, plans to establish an industrial complex in Riyadh to tap into ever-growing construction market in the country.

“The industrial complex will serve as a one-stop-shop providing construction material and supporting services, thus reducing the cost of managing a number of factories at different places. This is part of company’s strategic realignment and expansion into regional construction markets,” said Dr Faysal Alaquil, director of business development at CPC.
He adds: “The industrial zone, spanning over 200,000 sq m of land in Riyadh, is a clear indication of how important the company regards the Saudi Arabian market. To streamline the supply of construction materials in areas being developed, CPC has also purchased land in other strategic parts of the kingdom.
“CPC is soon relocating existing factories and related services to a recently purchased 840,000-sq m of land in Bahra, located between Jeddah and Makkah. Bahra Company for Construction Steel has already been set up there, covering 40,000 sq m.”
Consolidating CPC’s presence in the region, Dr Alaquil explained that a regionwide plan was already in place to increase the production capacity through a strategic expansion into one of the region’s fastest emerging construction markets.
In addition, CPC has also entered into an agreement with Arkan Building Materials in Abu Dhabi to establish six factories, and a transport company with an investment of $200 million.