Absal Paul announces multiple KSA contract wins
Irish Saudi company secures a number of deals worth $135.8m
Absal Paul has secured a number of contracts worth $135.8m.
The Saudi firm is a collaboration between Irish building and civil engineering contractor John Paul Construction and the Absal Group.
The announcement was made during the Enterprise Ireland Trade and Investment Mission to the Kingdom of Saudi Arabia, Qatar and UAE.
The recent success is the result of a combination of high profile projects, including work with the Saudi Stock Exchange (Tadawul), Haliburton, Boeing and General Electric (GE).
Eddie Campion, chief operating officer, Absal Paul, said: "We currently employ almost 70 permanent management staff, of which 20 are senior Irish construction professionals with the remaining coming from Saudi, other Middle East countries and Asia. We are also continuing to increase our general workforce in line with our growing business.
"We believe that Absal Paul Contracting represents a good example of what can be achieved when true partnerships are formed between Irish and Saudi companies who share similar goals and ambitions. We are continuing to develop our profile within the Kingdom and looking to increase our exposure to a greater number of potential clients."
Speaking at Absal Paul headquarters during his trade mission to Saudi Arabia, the Taoiseach Enda Kenny, added: "It is a collaboration that clearly demonstrates the huge potential for Irish companies and their partners in the Kingdom of Saudi Arabia and I wish them every continued success."
Speaking on the trade mission, Minister for Jobs Richard Bruton TD, said: "This announcement by Absal Paul is very welcome and shows what is possible for Irish companies in this region. Construction and engineering are areas which we have targeted as part of our Action Plan for Jobs, and Absal Paul’s success in winning major contracts in Saudi Arabia is a great endorsement of the strength of Irish exporting businesses."