London-headquartered steelmaking and mining firm Evraz is eyeing Saudi Arabia, Oman and the UAE as its entry points into the GCC, company officials told Construction Week Arabia.
The key to its successful entry into the GCC market, however, hinges on its ability to supply heat resistant rails, and Evraz states it already has a portfolio of successful projects in regions with temperatures comparable to GCC.
“The company annually supplies up to 40,000 tonnes of rails to extremely hot climatic areas: California and Nevada in the USA, and Turkmenistan and Uzbekistan in Central Asia where temperatures reach more than 60°C,” says Evgeny Alekseenko, managing director of Evraz.
Evraz is bidding for involvement in several projects in Saudi Arabia, with an overall volume of 70,000 tonnes. “We aim to participate in many ambitious projects such as the North-South Railway, the Saudi Landbridge project, and the GCC railway network project,” Alekseenko says.
Construction of new railways in the Middle Eastern region annually demands over 150,000-200,000 tonnes of rail. Saudi Arabian infrastructure projects demand over 6,000km of new rails, while in Oman it reaches over 1,000km, and over 1,500km in the UAE.
Photo: www.evrazna.com
Share on:
