Hyundai, one of the world's largest manufacturers of heavy machinery and construction equipment, has entered into this partnership with the objective of getting a sizable market share in the booming construction industry in UAE and Oman. The construction industry in the UAE is currently growing at a phenomenal rate of 14% with investments worth more than $25 billion coming in during 2001-03.
"Al Wasit is the best dealer that we can find in the region" said Mr. Hwan Ki Joo, GM for Hyundai, in a joint press conference held yesterday at the JW Marriott Hotel. "Because of its vast experience that spans three decades and a well established name in the market, we are confident that Al Wasit will represent us in a most professional manner."
"The primary aim of this partnership is to provide high quality products at competitive prices to our customers who are involved in executing prestigious infrastructural projects such as roads, bridges, dams, sewer systems, land reclamation, earth moving, etc." said Mr. Abdul Qader Ahmed Mohammed, CEO of Al Wasit Group. "This partnership will enable us to quickly respond to our customers' needs by maintaining a high level stock availability for equipment as well as spare parts through our pre-order privilege that we enjoy with the manufacturer. Hyundai Products are " value for money" ensuring customers with high productivity and profitability.
"Providing reliable and durable products is only the beginning of a long-term relationship with our customers" explained Mr. Abdul Qader. "In order to maximize customer satisfaction, we deal only in easy-to-find components and spare parts from such leading brands as Cummins Engines, ZF Transmission; Hydraulic system from Kawasaki and Toshiba, and final drive and undercarriage from renowned and reputed OEM manufacturers. In addition, we provide both offsite and onsite support to our customers (24/7) through our service centre and mobile workshops, thus reducing lead time and increasing operating efficiency of the machinery. Our service team is highly skilled and trained by manufacturers and our workshops are well equipped with highly specialized tools to meet the varying needs of our customers."
Al Wasit Machinery forges strategic partnership with Hyundai Heavy Industries Co.
- United Arab Emirates: Saturday, April 24 - 2004 at 12:17
- PRESS RELEASE
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Al Wasit Machinery, the flagship of Al Wasit Group of Companies in U.A.E, has signed a strategic partnership with Hyundai Heavy Industries Co. Ltd to have exclusive dealership of Hyundai construction equipment for UAE and Oman.
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Posted by Christine H. Andersen, Assistant News EditorSaturday, April 24 - 2004 at 12:17 UAE local time (GMT+4)
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About Al Wasit Group of Companies
Al Wasit Group represents several leading manufacturers of equipment and machinery such as NPK-Japan, MSB-Korea, SIM-Italy, Ammann-Switzerland, Faresin Italy and other Internationally reputed companies. The group has it's extensive network , having branches all over U.A.E. Apart, Al Wasit is well established in the markets of the Middle East, North and East Africa, CIS countries, and the Indian Subcontinent. As a result of its extensive experience across varying topographical features, climatic conditions, and cultural differences, Al Wasit has accumulated a wealth of knowledge that would enable it to provide customized products for its far-flung markets.
The group works in close alliance and partnership with government bodies in the UAE, such as the municipalities and government ministries and departments to execute infrastructural projects in various fields.
Group Companies are:
Al Wasit Machinery. Sharjah. Al Wasit International. Dubai. Al Wasit Roads Contracting, Dubai. Al Wasit Equipment, Dubai. Al Wasit Equipment Rental Division Dubai. Al Wasit Machinery Jabal Ali. Al Wasit Machinery, Abu Dhabi.
Al Wasit Group represents several leading manufacturers of equipment and machinery such as NPK-Japan, MSB-Korea, SIM-Italy, Ammann-Switzerland, Faresin Italy and other Internationally reputed companies. The group has it's extensive network , having branches all over U.A.E. Apart, Al Wasit is well established in the markets of the Middle East, North and East Africa, CIS countries, and the Indian Subcontinent. As a result of its extensive experience across varying topographical features, climatic conditions, and cultural differences, Al Wasit has accumulated a wealth of knowledge that would enable it to provide customized products for its far-flung markets.
The group works in close alliance and partnership with government bodies in the UAE, such as the municipalities and government ministries and departments to execute infrastructural projects in various fields.
Group Companies are:
Al Wasit Machinery. Sharjah. Al Wasit International. Dubai. Al Wasit Roads Contracting, Dubai. Al Wasit Equipment, Dubai. Al Wasit Equipment Rental Division Dubai. Al Wasit Machinery Jabal Ali. Al Wasit Machinery, Abu Dhabi.
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