EPCCIEastern Province Chamber of Commerce and Industry (Saudi Arabia)
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"Recent events have shown us that Chinese contractors were not serious in implementing high-quality buildings," said Abdullah Al-Sayed, a member of EPCCI's Environment Committee and CEO at Arabian Fal, attributing the failure to updated systems and the high quality building materials now being used in construction projects.
Abdullah Al-Hazza, a member of EPCCI's Contracting Committee, said low cost leads to low quality and called for more support to be extended to national construction companies.
The EPCCI recruitment committee member said the Kingdom used to recruit 15,000 to 20,000 domestic workers from Indonesia per month and sometimes the figure jumped to 25,000 workers monthly in certain seasons.
"The Kingdom, in addition to its hydrocarbon, mineral and energy resources, offers one of the best investment-conducive climates," comments Hamad al-Zamil, President of the Council of Saudi Chambers of Commerce and of the EPCCI. This, he adds, "is manifest in its political stability, modern infrastructure and attractive incentives for foreign investors."
Production of oxygen and of nitrogen is also increasing at the national Industrial Gases Company (GAS), while studies underway at the Saudi Iron and Steel Company (Hadeed) aim to increase production of flat steel by 850,000 metric tons a year, according to figures published by EPCCI.
DAMMAM: Trade between Saudi Arabia and Spain will grow at the rate of 10 percent this year, Spanish Ambassador to Saudi Arabia Manuel Alabart said in a function at the Eastern Province Chamber of Commerce and Industry (EPCCI) in Dammam yesterday.