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Leading the charge in construction
Gulf Construction
|July 2024
Boasting over five decades of experience in Saudi Arabia’s construction sector, AlKifah Holding has transformed into a multifaceted conglomerate. Synergising the strengths of its diverse divisions empowers the group to tackle projects of any scale and complexity, Vice-Chairman Eng. Osama AlAfaleq tells Gulf Construction’s Bina Goveas in an exclusive interview.
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AS Saudi Arabia pushes ahead with its ambitious Vision 2030 goals, AlKifah Holding isn't just keeping pace, it's leading the charge in construction. This prominent conglomerate is a one-stop construction powerhouse, offering everything from expert project consultancy to facility management.
Founded in the 1970s, AlKifah Holding has grown far beyond traditional contracting. It has become a multifaceted group, manufacturing its own precast concrete and equipment, ensuring efficiency and control over projects.
But its true strength lies in collaboration.
Each division of AlKifah Holding works in seamless synergy, creating a powerhouse that tackles projects of any scale and complexity. This integrated approach isn't just convenient, it guarantees successful project delivery, aligned with Saudi Vision 2030's emphasis on operational excellence.
"We believe in our synergy. By combining our skills and leveraging the strengths of our sister companies, we can deliver optimal projects," Eng Osama AlAfaleq, Vice-Chairman of AlKifah Holding, tells Gulf Construction in an exclusive interview.
"Our clients can trust that we will serve them comprehensively through construction, concrete and precast supply, facility management, and more." Initially focused on government contracts, AlKifah Holding has expanded its client base to include major entities like Aramco, Sabic, and the Saudi sovereign fund Public Investment Fund's (PIF) large companies that have embarked on diverse projects throughout the kingdom.
AlAfaleq acknowledges the cyclical nature of the construction industry and highlights the significant changes underway in Saudi Arabia. Since 2017, the Saudi Contracting Authority (SCA) - where AlAfaleq served as chairman for six years has worked to make construction processes more transparent and equitable for all stakeholders.
This story is from the July 2024 edition of Gulf Construction.
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