RIYADH, 31 October 2006 — Al-Babtain Power & Telecommunication Company announced yesterday that it was planning to expand its production facilities. Al-Babtain Power & Telecommunication Company is planning to expand its production facilities in the industrial zone including the addition of two galvanizing production units and three new units for towers & steel buildings production.
The company owns several plants in the Second Industrial Area. During 2005, the company purchased a parcel of land with an area of one million square meters that will be utilized in the company’s expansion plans.
Mohammad Al-Babtain, chairman, Al-Babtain Power & Telecommunication Company, said: “The total cost of expansion is pegged at SR50 million. We believe that the expansion plan will improve the production process of the galvanized poles, towers and structural steel. We expect to reap production benefits of these expansions by the end of 2008.”
Al-Babtain added: “The growth potential in the Middle East & North Africa power sector makes it one of Al-Babtain’s main target markets. The Gulf Electricity Interconnection Grid and the Arab Electricity Interconnection Grid that will link Egypt, Jordan, Syria, Lebanon, Iraq and Turkey as well as North African Grid that will link Libya, Tunisia, Algeria and Morocco will require significant transmission towers.