QPM reinforces its regional presence with opening office in Riyadh

The new office in the Saudi capital was inaugurated in a ceremony held earlier this month and was overseen by QPM Chairman Mr Ahmad Abdulla Al-Abdulla accompanied by QPM Chief Executive Officer Mr Fahad Rashid Al-Kaabi, directors from the board, , and a number of associates from the company's management team.

The Riyadh office, located in Olya District, Riyadh King Fahad Street in Al Qada Business Tower 2, will be the company's first presence in KSA and has become necessary due to the number of current projects 'in the pipeline' in Saudi Arabia in which QPM is taking an active interest. Further, the new office forms part of QPM's overall strategy for 2013 to look closely at the neighbouring KSA market and the opportunities represented therein.

Mr Al-Kaabi, commented: "With QPM's ability to provide a single window solution provider across multiple channels, the new presence comes in response to KSA's construction sector growth under the guidance and patronage of king Abdullah bin Abdulaziz Al Saud."

"Opening an office in Riyadh is a strategic opportunity as KSA is considered to be the region's top economy. With a highly competitive business environment and national initiatives in energy, transportation, education, healthcare and other vital economic sectors which will help us to reinforce our position as a global player," he added.

QPM stands as one of the region's foremost project management companies, and uses its internationally trained team, and cutting-edge technologies, to set new standards within the industry. The company is active domestically and throughout the MENA region. In Qatar QPM is managing the projects of QP District, Barwa City Phase 1, Al-Duhail Camp, and have recently completed Project Management of a noteworthy development - BARWA Commercial Avenue on Doha's south side. Abroad, QPM is currently involved in large-scale mixed-use developments in Morocco, Yemen, , and Egypt, these projects include civil infrastructure, residential, hospitality, luxury, commercial, office, and tourism developments.