Al Kathiri subsidiary opens Alian Industry’s factory in Sudair

Logo of Al Kathiri Holding Co.

Al Kathiri Holding Co. will open today, Sept. 29, the plant of its subsidiary Alian Industry Co. in Sudair City for Industry and Business, as well as the training and qualification center for Saudi engineering cadres, according to a bourse filing.

The opening ceremony will be attended by Majed Al Hogail, Minister of Municipal, Rural Affairs and Housing, as well as Bandar Alkhorayef, Minister of Industry and Mineral Resources, Chief Executive Officer (CEO) of National Housing Co., and CEO of Saudi Authority for Industrial Cities and Technology Zones (MODON).

The factory is the most productive plant using modern building technology in Saudi Arabia, with a production capacity of 1,000 housing units annually, the statement said.

When fully-operational, the plant’s total production capacity will reach 1.3 million square meters (sqm), or 1,000 housing units, annually. This percentage will be achieved gradually over the three years after the start of operations, with an average sale of up to SAR 60 million per year.

The Tadawul-listed company expects to reach the break-even point during the year following the start of operation.

The plant is built on a land plot of 12,308 sqm, which was obtained from MODON. It will use Italian technology for the production of concrete panels.

As for the training center, the company stated that it will operate with a capacity to qualify 100 engineers per month for free, as part of a social initiative by Alian Industry Co.

Alian Industry Co. invites all those interested in modern construction techniques and systems (companies, institutions, consultants and individuals) to register for the qualification that the company is preparing, in order to be accredited in the implementation processes and supervision of projects that will be completed using modern construction techniques.

Emmedue concrete panel production technology is an alternative to traditional construction methods. It saves costs by 25% compared to traditional construction means. In addition, this technology saves the time spent in the construction process to three months. It is characterized with flexibility in the application of modern architectural designs, which can be used in various fields, from residential units, commercial buildings to major projects. The technology achieves the highest standards of efficiency in acoustic and thermal insulation, given that this Italian technology is used in all European countries and the US.

Al Kathiri said that the trial operations for the plant of Alian Industry Co. started on Aug. 15, according to data compiled by Argaam.