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Atheeb ties up with Malaysian firm.


Saudi Arabia's Atheeb Group announced that its unit of Atheeb Trading Co., has set up a contracting joint venture in partnership with Malaysia's Chase Perdana Berhad.

The partnership agreement was signed by Prince Abdul Aziz Abdul Aziz is the name of:
  • Abdülâziz (1830–1876), Sultan of the Ottoman Empire
  • Abdelaziz of Morocco (1878–1943), Sultan of Morocco
  • Abdul Aziz bin Muhammad bin Saud (fl.
 bin Ahmad Ahmad. For Ottoman sultans thus named, use Ahmed. , chairman of the board of directors and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Atheeb Trading Co., and Dr. Mohan Mohan is a common male Indian name derived from Sanskrit meaning "delightful", "charming", or "attractive". Mohan may also refer to:

People
  • Krishna, an avatar of Vishnu in Hindu mythology
  • Madan Mohan, Indian music director
 Swami, chairman of the board of directors of Chase Perdana Berhad, at a recent ceremony held in Riyadh.

The Riyadh-based joint venture, called Atheeb Perdana Contracting Co. Ltd, will be involved in implementing diverse construction projects that include the construction of public, residential and commercial buildings, educational, recreational and health buildings, factory and airport buildings.

The projects also include water and sewage works Noun 1. sewage works - facility consisting of a system of sewers for carrying off liquid and solid sewage
sewage system, sewer system

facility, installation - a building or place that provides a particular service or is used for a particular industry; "the
,electricity works, maintenance,and operation of electronic works. The joint venture is significant in the light of the construction boom being witnessed in the Kingdom.

Atheeb Trading Co. is taking advantage of the robust growth of the Saudi economy through implementing several construction and infrastructure projects. It is noteworthy that Malaysia's Chase Perdana Berhad Company implemented several similar projects inside and outside Malaysia.

Saudi Economic Survey. All rights reserved.

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Title Annotation:Atheeb Trading Co. ties up with Malaysia's Chase Perdana Berhad
Publication:Saudi Economic Survey
Article Type:Brief article
Date:Apr 16, 2009
Words:192
Previous Article:SR 90 million for maintenance of lighting in Jeddah.
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