For Khayyat
Contracting & Trading and other Qatari
firms to achieve the maximum benefit for both themselves and the country, they
first need to realise an effective local supply chain.
In a bid to move away from the Qatari
construction market’s dependence on deliveries from other Gulf nations Khayyat
Contracting & Trading (KCT) is
rapidly developing its own in-house factories for processing materials, and is searching the globe for the best suppliers to
stock with.
“As a group we are building towards having a self-sufficient company in
many areas: We already have factories for marble, aluminium and gypsum,” says Moataz Al-Khayyat, CEO of KCT.
“Any company that we set up will serve the entire community – it’s not
just going to be a service for KCT, but for
anyone in the country – that’s the competitive spirit of the industry.”
Once they are fully scaled up these factories will deliver some of the
highest quality materials and components in Qatar to KCT projects and will also enrich the competitive supply
market.
Looking beyond the region to the global supply market there are also
still many gaps between what is on offer in some specific regions, such as
Europe, and what is available in the Gulf.
“Our strategy is to rely on the world market, not just the Gulf or Arab
markets, in order to bring new material into the country,” Khayyat adds. “We
are particularly interested in Europe, where there are many fresh alternatives,
and we are keeping track of developments at building fairs.”
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