Saudi-based C&P reveals GCC expansion plans
Riyadh-based contractor C&P has revealed plans to extend its operations into GCC markets outside of Saudi Arabia, and to pursue growth within the region’s healthcare sector
Construction and Planning (C&P) has revealed details of its geographical and sectoral expansion strategy.
To date, all of C&P’s work has been conducted in Saudi Arabia, but the Riyadh-headquartered contractor told Construction Week that it intends to extend its operations in GCC markets outside of the kingdom.
The company said that it would also pursue growth within the region’s healthcare sector.
Commenting on the firm’s expansion strategy, Tarek Al Ajlani, co-founder and managing partner of C&P, said: “Have we considered expansion? Most definitely. Many of our loyal clients are looking to expand into other parts of the GCC, and have approached us to handle construction and fit-out works.
“This will provide C&P with opportunities to fulfil its vision by extending its services beyond the kingdom.”
Anfas Medical Care (AMC) recently awarded a major package of construction works to C&P, selecting the contractor as the main construction and fit-out partner for its $1.3bn (SAR5bn) hospital and medical cities development programme.
C&P is currently working on the $107m (SAR400m) contract for Phase 1 of the AMC programme, and will complete the remainder of the works during the coming five years.
Faisal Bouzo, fellow co-founder and managing partner of C&P, said that the company would pursue further growth within the region’s healthcare sector.
“As part of its current agenda, Saudi Arabia’s Ministry of Health (MOH) is working to increase private sector involvement within the field of public healthcare,” he explained. “As such, C&P is working in line with Saudi Vision 2030 to create total solutions for the healthcare sector, which will include facilities management (FM) and build-operate-transfer (BOT) capabilities.
“We will achieve this by intensifying our focus on associated projects, partnering with global operator and suppliers within the healthcare industry,” Bouzo concluded.
The full-length interview with C&P’s co-founders and managing partners was published in issue 655 of Construction Week.