Yuksel Insaat Saudia Co., whose extensive portfolio includes dams, roads, hydroelectric power plants, and marine structures, as well as industrial, transportation, and building projects; ranks as one of the major players in the Middle East today.
Yuksel offers the best technology, top-notch engineering skills and exceptional project management techniques that have enabled this company to deliver SR11 billion worth of prestigious projects in Saudi Arabia well in time or many a times before time.
Speaking on the occasion of the 93rd anniversary of the proclamation of the Republic of Turkey; Ahmet Halavuk, president of Yuksel Insaat Saudia, announced the signing of a memorandum of understanding (MoU) with Saudi Aramco.
Halavuk, who also gave a brief overview of the Turkey’s 2023 vision of economy, and the Saudi Vision 2030, said that a partnership between Ankara and Riyadh within the framework of the Vision 2030 will go a long way in strengthening economic ties between the two nations.
Spelling out the details of the MoU signed with Saudi Aramco, Halavuk said that “we are pleased to announce signing of a new MoU with Saudi Aramco.”
The signing ceremony was presided by Khalid Al Falih, minister of energy, industry and mineral resources, Berat Albayrak, Turkish minister of energy and natural resources, and Amin H. Nasser, president & CEO of Saudi Aramco.
In fact, this MoU will go a long way in strengthening Saudi-Turkish business and economic cooperation, which has been grooving steadily over the past decade.
Referring to the profile of Yuksel Insaat A.S., he said that the company has been playing an active role in the development of Turkey’s infrastructure through numerous contracts covering transportation, energy, environmental and industrial projects.
The firm expanded its operations into international construction industry in 1983 and established a local company in Saudi Arabia with the name of Yuksel Insaat Saudia.
Today, Yuksel is among the top international contractors around the world since 2007 according to “The Top 250 International Contractors List” which is announced every year by Engineering News Record.
Expanding its services, Yuksel has so far contributed to many prestigious projects for distinguished clients in Saudi Arabia. Total contract value of the completed projects is almost SR9 billion.
Some of the major projects include Yanbu Madinah Phase II, Riyadh Qassim, Eastern Province, Shoaibah Water Transmission Systems; Madinah-Yanbu Steam & Power Plant Phase II Lot I; Sultan City in Riyadh; Al-Jubail Reverse Osmosis Desalination Plant; Al-Jubail Riyadh Line C High Point Terminal & Reservoirs; Dammam University Infrastructure; Baysh, Damad & Murwani Dams; King Faisal University Infrastructure and King Faisal University Teaching Hospital in Al Hassa.
In the meantime, the company continues to carry out major projects in the Kingdom. Design, Build & Construction Services for King Khalid Air Base (KKAB) Khamis Mushayt & Munitions Storage Area at Prince Sultan Air Base (PSAB) Al Kharj for Royal Saudi Air Force, Riyadh Bus Transit Project & Abu Bakr Siddique Road Development Project for Arriyadh Development Authority, Sea Water Pump Station Project for Royal Commission Yanbu and Jubail, Storm Water Network Project for Riyadh Municipality, Girls College Complex for University of Dammam and Ministry of Higher Education are some of the significant ongoing projects in the Kingdom.
Total contract value of the ongoing projects is more than SR5 billion.
Source: Arab News
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline NikiMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor