Al Othaim Group Inks MoU with CITIC Construction for Quality and Sustainable Project Development

Al Othaim Group’s Chairman, Mr. Abdullah Saleh Ali Al-Othaim, remotely oversaw the signing of a strategic memorandum of understanding with China’s CITIC Construction via video conference. The agreement focuses on enhancing cooperation in construction and innovation to streamline operations and expedite the completion of ongoing and future multi-use projects.

The memorandum, signed by Engineer Muhannad Al-Mahmadi and CITIC Construction’s President, Mr. Yang Jianqiang, at the company’s headquarters, in the presence of board members and delegations from both entities.

During the signing, both parties engaged in dialogue concerning the current construction methodologies employed in ongoing and forthcoming projects, with a particular emphasis on expediting project timelines. They also addressed potential challenges that may impede progress, proposing to surmount these obstacles through the adoption of state-of-the-art technologies. These discussions align seamlessly with the objectives set forth by the Kingdom’s Vision 2030, which aims to enhance living standards and bolster local content by delivering high-quality projects across diverse regions of the Kingdom.

Through this agreement, Al Othaim Group aims to forge stronger local and international partnerships, driving innovation, sustainability, and efficiency in executing present and future projects as outlined in its strategic roadmap.

CITIC Construction, renowned as one of China’s foremost construction firms, boasts a distinguished portfolio of domestic and international endeavours. The company is committed to advancing construction standards and pioneering technologies that blend speed with sustainability.