Masah Specialized Construction Company has signed a joint venture agreement with Danube Home to provide a complete suite of solutions for commercial and residential buildings in Saudi Arabia.
The agreement was signed by Mohammad Abdul Nayeem, general manager of Masah Construction, and Adel Sajan, group managing director, Danube Group, in the presence of Sayed Habib, director of business development at Danube Group, and other higher management officials from both sides.
“This is a successful step in expanding our presence across Saudi Arabia, keeping in mind the sudden surge of economic growth the region is experiencing. We are sure that our association with Masah Specialized Construction Co. will take Danube Home to greater heights,” said Sajan.
Describing the agreement between the two experts in their respective industries as “path-breaking,” Habib said: “With the market and economy in Saudi Arabia booming with opportunities, we believe that it is the right time to step into the market in collaboration with the Masah Specialized Construction Co., which is one of the leading construction companies with many major projects associated with their name.”
Ritu Yadav, second secretary (commerce and PIC) at the Indian Embassy in Riyadh, represented the embassy at the signing ceremony. She confirmed support from the embassy.
Owais Ahmad, president of India Business Forum and member of Saudi Indian Business Network, urged both Saudi and Indian businessmen to support the joint venture to further boost bilateral relations between the two countries. “I hope this joint venture achieves its goal and reaches the pinnacle of success,” he added.
Talha Owais of Modern ARMS Trading Dubai and Rafiuddin Khaja were instrumental in organizing the signing event.
Masah is a leading contracting company in the Saudi market that has carved a niche for itself in a short span of time. Since its inception in 2006, Masah has delivered and executed competitive projects with the highest level of quality without compromising on its commitment to safety or deadlines. The company has delivered specialized projects of various types and complexities with a high level of professionalism and sustainability.
Danube Home is one of the largest home furniture and furnishing brands in the Middle East and GCC region. The company operates in the lifestyle retail sector and is present in more than 20 countries across the globe including Bahrain, Qatar, Kuwait, Oman, Egypt and others. Danube Home specializes in 25,000 products sourced from 23 countries across the globe.