The Big Project looks at the top five construction and engineering firms that made it into this year’s Saudi Fast Growth 100 index, released by the Saudi Arabian General Investment Authority (SAGIA) at the annual Global Competitiveness Forum held in Riyadh recently
1 – WorleyParsons Arabia Ltd, Al-Khobar
Ranked in first place out of all companies
In first place, WorleyParsons Arabia Ltd was named Saudi Arabia’s fastest growing company out of all sectors.
In Saudi Arabia, the company said it delivers a broad range of engineering services from straightforward minor plant modifications to leading project management contractor roles on mega-projects, such as the mine and associated chemical plants at Jalamid and Ras az Zawr for Ma’aden. In addition, it delivers improvement services through contracts such as the Maintain Potential programme for Saudi Aramco’s offshore facilities.
Worley Parson’s Saudi Arabia operation has five Eastern Province offices located in Al Khobar, one Western Province office in Yanbu and a newly-opened offshore office in Bahrain.
2 – Building Construction Co. Ltd (BCC), Al-Khobar
Ranked in fifth place out of all companies listed
As one of the largest heavy civil contractors in Saudi Arabia, BCC has undertaken a variety of infrastructure projects in the public and private sectors, offering site-preparation services, buildings construction, plants, subdivisions and other facilities.
Some ongoing projects the company said it was involved in include Al Riyadh View, the four-storey Amaer Al Tamiyaz Residential building and Al Rwad Factory among others.
3- Brains for Contracting Ltd, Al-Khobar
Ranked eighth place out of al companies listed
Set up in February 2007 by the founder of MCE Gulf for Contracting Ltd, construction firm Brains for Contracting Ltd offers a large variety of strategic consulting services, including business planning services, as well as sales strategy development.
4 – Al Fouzan for Trading and General Construction, in Riyadh
Ranked 17th place out of all companies listed
Having started as a small construction firm in 1963, Al Fouzan has built up its reputation and project portfolio over the last five decades to make it onto Saudi Arabia’s fastest-growing list.
According to Al Fouzan, the success of the company is due to the positive attitudes of its staff.
5 – Saudi Readymix Concrete Company, Al-Khobar
Ranked 20 companies listed
On the Saudi Fast Growth 100 list for the second year running, Saudi Readymix achieved a 255.99% growth rate from 2004 to 2008, a significant improvement on its growth rate of 166.11% achieved between 2003 and 2007; taking it from 29th place in 2009 to 20th place this year. The company was the only ready-mixed concrete company to make it onto the list.