Turkey's AKFA sets up shop in Qatar, Saudi Arabia
Contractor has worked on Winter Olympics in Russia and in Kazakhstan
A Turkish MEP contractor that recently completed the $120m Astana Media Centre in Kazakstan as well as $155m worth of MEP and media centre projects for the Winter Olympics in Sochi, Russia, has established a presence in both Qatar and Saudi Arabia.
AKFA Technology Contracting & Trading LLC in Doha and AKFA Saudi Arabia Technology & Contracting LLC in Jeddah will be managed by Ali Kemal Pekkendir and his team of MEP engineers.
The team has eight years’ local experience in Doha in flagship projects such as Hamad International Airport, Qatar National Convention Centre, Al Reem Tower, Al Faisal Tower, Istanbul Ataturk Airport and many other urban and industrial projects.
GM Ali Pekkendir said: “AKFA has been targeting MEP projects that require the highest level of quality equipment and workmanship, such as aircraft maintenance facilities, airport terminals, railway and metro stations, five-star hotels and hi-tech hospitals.”
Since 1997, AKFA has acquired enormous experience and know-how as a turnkey contractor of hospitals, media centres, IT data centres, industrial facilities and university and research centres in Turkey and several neighbouring countries.
Pekkendir added that, besides MEP contracting works, the company will target Al Jazeera TV, Qatar TV and alike for TV broadcast integration projects, in addition to one or two turnkey hospital projects in Saudi Arabia and Qatar.
“Our vision is to support the development of Qatar and Saudi Arabia with our technological know-how while growing in the GCC as a local company,” said Pekkendir.
Half of the 2013 sales target of $500m has already been contracted in Sochi and Astana, with the remainder expected to come from Qatar And Saudi Arabia in the form of JVs with major local players.
A seasoned mechanical engineer with 30 years’ industrial experience, Pekkendir is also hoping to find opportunities in the GCC to build hi-tech industrial production facilities or petchem plants in partnership with local industrial enterpreneurs.
AKFA employs 900 people, mostly electronic, electrical and mechanical engineers, and achieved sales revenue of $300m in 2012. The group now operates in Turkey, Kazakstan, Russia, Turkmenistan, Poland, Dubai, Qatar and Saudi Arabia.