QD-CPC announces business inception in Qatar

QD-CPC announces business inception in Qatar
Updated 30 June 2014 00:10
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QD-CPC announces business inception in Qatar

QD-CPC announces business inception in Qatar

QD-CPC for industries, announced the inception of its business in Qatar in construction and real estate development in the Qatari market, as well as to provide contractors and real estate developers in Qatar with all their needs under its recent vast urban renaissance.
QD-CPC for industries was founded in 2011 as a Saudi-Qatari partnership, which includes the Qatari company Diar, Barwa Real Estate, Saudi Binladin and CPC International, an affiliate of Construction Products Holding Company (CPC), which is specialized in providing all construction products under one roof.
Faysal Alaquil, CPC’s official spokesperson and director of business development, said: "The objective behind the establishment of QD-CPC is to build an integrated company to manufacture building materials in Qatar within the framework of CPC International’s policy to offer all these products under one roof, as well as to take advantage of growth opportunities in the real estate development and building sector in the country.”
Riad Kiwan, board member of QD-CPC for Industries and Operations and COO of CPC-International Co., said: "Today QD-CPC owns and runs an industrial complex consisting of several plants for the production of construction products. The complex was built on an area of 250,000 square meters as a first stage at the Mesaieed industrial zone in Doha.”
Nidal Alotaibi, CEO of the company, explained: “CPC-Qatar complex at the Mesaieed industrial zone accommodates four factories, including PREMCO for Precast Concrete, which is built on an area of 77,682 square meters, at a cost of QR120 million, and started production in October 2013. Production capacity of the plant is 450 slabs daily, plus 750 walls and other precast concrete products.