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Alturki Group to develop SR150m Business Park

Khalid Ali Alturki & Sons (Alturki Group), a leading industrial conglomerate in Saudi Arabia, has announced commencement of the development of its SR150m property in Al Khobar, Saudi Arabia.

Alturki Business Park, a high-end integrated office complex, will cover 8,600 square meters and will incorporate next-generation design and technical elements. The project is set to open mid-2010.

The centerpiece of Alturki Business Park will be "The Tower", a 14-storey ultra-modern high-rise with Total space of 31,000 square meters and a range of facilities, including a high-tech Building Management System, Auditorium, Seminar halls, gym, restaurant and prayer area.

In addition, there will be 2 underground parking levels to accommodate up to 370 cars in addition to attractive office spaces targeting high-profile, large-scale businesses.

For smaller dynamic enterprises, Alturki Business Park offers "The Lofts", which are 10 three-storey buildings with spacious, 345 square-meter units that allow for flexible office planning—including urban open-plan environments.

"This property is an expression of Alturki Group's passion for professionalism and timeless elegance. Over the last 30 years, we have contributed to many aspects of the Kingdom's infrastructure, and we are delighted to apply our expertise and vision to this unique architectural statement. We aspire to position Alturki Business Park as the premier center for dynamic businesses in the Eastern Province of the Kingdom"


Mr. Rami Khalid Alturki, President, Alturki Group, revealed.

Engineer Tariq Hajj, principal, Tariq Hajj Architects, and project designer in association with PEI partnership architects from New York, said, "We worked very hard to look for the right balance of comfort, style and efficiency for this project, and I think we found it. The interior design of the buildings, for instance, allows tenants to custom-design their own office space, while passive shading systems on the façade will minimize dependency on the mechanical cooling system. This building will be a true Landmark."

Eng. Issam Kronfol, CEO, Al Saad General Contracting (main contractor), added, "Alturki Business Park is a very ambitious project, a true example of forward-looking architectural creativity. It perfectly combines function and style, tradition and innovation. We at Al Saad are extremely pleased to be the contractor of choice for this unique business hub."

Alturki Business Park will also house the new headquarters for Khalid Ali Alturki & Sons.
Alturki Business Park. 
Alturki Business Park.
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Khalid Ali Alturki & Sons

Khalid Ali Alturki & Sons group of companies (Alturki Group) is a leading family owned conglomerate which has been operating in Saudi Arabia for over 30 years. The Group's subsidiaries and joint venture companies are involved in contracting, trading, manufacturing, consulting, and investment in major industrial sectors such as construction, oil, gas, petrochemicals, water, and power as well as telecommunications, environment, real estate and consumer sectors mainly in Saudi Arabia.

Established in 1973 by Mr. Khalid Ali Alturki with a vision of becoming a regional corporation; holding a diversified portfolio of businesses that can clearly demonstrate market leadership; and will be differentiated through its incorporation of high technology applications across its operations, its wealth in human resources and its outstanding services delivery.

In its early years, Alturki Group concentrated its activities in the construction, and oil and gas sectors, servicing the boom in the industrial and infrastructure development of the Kingdom which was fuelled by soaring oil revenues. During this period, the Group established a reputation for trust, integrity, professionalism, and reliability. Throughout these years, Alturki Group expanded its operations through mergers, acquisitions and joint ventures, and moved into new sectors such as information and communication technologies and environmental services, continuing to support the Kingdom's growing economic expansion and industrial diversification.

Today, the Group consists of numerous wholly-owned subsidiaries, joint ventures, and associated companies and is actively developing new businesses either independently or in partnership with multinational global industry leaders. By leveraging its expansive local knowledge, professional experience and network in the Kingdom, the Group is confident that it can add value to international companies interested in growth opportunities in Saudi Arabia.

For more information, please contact:

Bashar Kharbat / Abutaleb Quashem
Asda'a Public Relations
Jeddah - KSA
Phone : + 966 2 657 51 94
Fax : + 966 2 657 52 77
or
Ibrahim Al-Aiderous
Khalid Ali Alturki & Sons (Alturki Group)
Al-Khobar - KSA
Phone : + 966 3 882 04 15 Ext. 176
Fax : + 966 3 882 2154

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