Saudi Arabian Amiantit supplying pipes worth over SAR 78 million for Colorado River Project in Argentina
- Saudi Arabia: Tuesday, July 29 - 2003 at 12:59
- PRESS RELEASE
Amitech Argentina, a subsidiary of Saudi Arabian Amiantit Company has supplied approximately 100 kilometers of pipes for the Colorado River waterline flow project in La Pampa province of Argentina.
"While the Kingdom continues to be our biggest market, Amiantit's diversified manufacturing base is enabling us to win substantial amounts of business in other countries. We are supplying Saudi-owned manufacturing technology and products of the highest quality that are carrying the good name of Saudi Arabian Amiantit - and with it the good name of our nation - all around the world," said Fareed Yousuf Al Khalawi, Managing Director and President of Saudi Arabian Amiantit Company. "In addition, our expansion into design, building, operation and transfer projects for water supply and wastewater disposal is making life better for people in many developed and underdeveloped countries by providing essential services along with local employment opportunities."
There are medium and long-term prospects of further contract awards in the Colorado River project. After the present phase is completed in August 2004 a second stage is planned that will extend the network to General Pico City, subject to Argentine government prioritizations, budget approvals, and contract negotiations.
The entire water consumption project consists of water intake from the Colorado River and a water treatment plant at Pichi Mahuida, 5 pumping stations along the waterline's route, and 1030 kilometers of pipelines of which 400 kilometers are trunk lines. When completed, the network will supply potable water to 35 locations in La Pampa province, including its capital city Santa Rosa and other main cities with a total 500,000 inhabitants.
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Notes and Media Contacts »
The Saudi Arabian Amiantit Company was established in 1968 at Dammam and is a joint stock company with a paid-up share capital of SAR 700,000,000. Its shares are traded on the Saudi Stock Exchange. The prime activity of the company is to initiate and manage new industrial projects, and market its technologies and products. The company also monitors and controls the business of all the Amiantit Group subsidiaries through its corporate management office in Dammam, Saudi Arabia.
The Amiantit Group is a leading industrial organization with global strength and is comprised of companies in the Kingdom and abroad that manufacture various kinds of pipes, joints, fittings, tanks, rubber & insulation products, and related accessories. Other activities include own and transfer technology, and water project consultancy and management all around the world.
For more information please contact:
Assim L. Alhakeem
Saudi Arabian Amiantit Company
Tel:02 - 651 5676 Ext: 666
Mobile:053011332
Fax: 02 - 651 6149
Ahmed Al Hassani
Media Manager
SACCS - Jeddah
Tel: (+9662) 663 2525
Fax: (+9662) 663 2323
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