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Ali Al-Khodari
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Ali Al-Khodari

Chairman, Abdullah a. M. Al-khodari & Sons
Mohamed Ali M.K. Al Kubaisi
HE Abdulla Ahmed Mohammed Al Habbai

It’s one of Saudi’s biggest constructors involved in the big projects across the kingdom but 2012 was a tough year which has seen Ali Al-Khodari slip from last year’s number 9 position.

Ali Al-Khodari has successfully overseen the transition of a successful contracting firm into a publicly-listed company as part of an overall growth and diversification strategy.

But in 2012 labour and material woes saw a slight stutter in its continuing success story despite huge spending by the Saudi government.

His company’s projects include the construction, maintenance, operation, and servicing of large highways, roads, bridges, and related works.

The giant contractor blamed rising material and labour costs for a drop in profits to $36.1m. In 2012 the company revealed a staff turnover of up to 40%, blaming the difficulties of getting enough work visas for foreign staff and the costs incurred as part of hiring and training nationals for its workforce to meet government policy.

New contract awards during the year stood at $253.3m - 17% lower than the $305.6m won in 2011. One of the company’s biggest strengths is its ability to compete on many fronts, as well as exploit opportunities to work with fellow contractors. However, it has developed a niche in servicing govermnent clients - around 95% of its current workload comes from public sector bodies.

Al-Khodari will deal with his home problems but his company also has an office in Abu Dhabi and is looking to expand to Qatar.

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Awards

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You have until 20 January to submit your nominations for the ninth edition of the
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Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 765
Jun 29, 2020