Articles
Companies

Home / NEWS / Nass Corp's asphalt division wins $1.85m contract

Nass Corp's asphalt division wins $1.85m contract

by Ben Roberts on Jul 4, 2011


Road projects have been plentiful throughout the Gulf in the last two years.
Road projects have been plentiful throughout the Gulf in the last two years.

RELATED ARTICLES: Aluminium Bahrain on course to beat growth targets | Infrastructure tender for $1.6bn Bahrain project | First Bahrain close to Saudi JV for Riyadh Majaal

RELATED ARTICLESAluminium Bahrain on course to beat growth targetsInfrastructure tender for $1.6bn Bahrain project | First Bahrain close to Saudi JV for Riyadh Majaal

Nass Contracting’s alphalt arm has been awarded a contract for road projects at dry dock highway and the Samahij link road worth more than $1.85m (BD 700,000) from the Ministry of Works.

The project win was announced by Nass Corporation, the listed conglomerate that contains Nass Contracting, the sole owner of Nass Asphalt, at the end of last week.

Nass Asphalt, now ten years old, was originally formed to carry out the pavement works for the contractor’s Hidd Infrastructural project. The division has since carried out other works for the Nass Group during this period as well as some for external customers, such as Mohammed Jalal Contracting, for whom it placed a sub-base for the New Customs Building at Hidd. The company now competes with all companies of its kind around the kingdom.

Road projects have become more plentiful across the Gulf, including in Oman, Saudi Arabia and Qatar, as part of wider government plans to improve logistical infrastructure. Last week, Ashghal, Qatar’s Public Works Authority, launched a tender for the second phase of road improvement works for zones 90 to 95 in the south of the capital, Doha. Deadline for submissions is 26th July.

Nass Contracting is aq diversified construction group at the heart of some major projects in the kingdom, including Durrat Al Bahrain, the residential and commercial development in the south of the island spread over coastline and a network of artificial islands.

Last month the company was appointed to execute a civil integration package for the $1.2 billion United Steel Company (SULB) integrated steel plant in Hidd industrial area.

It is being set up in collaboration with Japan's Yamato Kogyo Company, a leading global steel section producer, which also owns 49% of the company.

SULB chairman and managing director Khalid Al Qadeeri said the awarding of the contract was another major milestone for the project, which is being developed by world-class engineering and construction companies.

"Nass has a strong track record of work with some of the region's largest industrial projects and we welcome them on board," he said during a press conference.
 



Advertisement




Articles
Companies