FUTURE PLANS

The Company is planning major expansion into the boom period to meet the projected huge investment programs in the oil & gas sector. This will include

" Establishment of a modern, automated pipe spool fabrication facility

" Automated sand blasting & painting facility.

" Trading activity in selected project materials, especially pipes, pipe fittings(including stocking), representation of reputed international manufacturers

" Specialized inspection services

" Acquiring additional construction equipments such as cranes, welding systems, compressors, Plasma, TIG, cold cutting equipments & systems.

" Investment in advanced communication and data processing technologies and an Information Technology Department which is vital to the smooth running of the company, including implementing the Oracle's E-business Suite - Enterprise Resource Planning.

The Company foresees the need for such expansion of the facility based on the proposed major investments in the new refinery & upgradation in refineries in Mina Abdullah & Ahmadi in Kuwait. There are plans for considerable investments in fabrication workshop facilities, enhancement of sandblasting & painting capabilities with automation, mobile construction equipments like, cranes, welding machines, compressors etc., and supporting IT systems to monitor the activities & performance, including online and dynamic data management and MIS reporting.

Visit the site http://www.eia.doe.gov/emeu/cabs/Kuwait/Full.html compiled by U.S. Energy Information Administration to view Kuwait energy data, statistics & analysis (present & future).

Disclaimer Statement

This information contained in this web page includes certain statements, estimates and projections of the Company with respect to anticipated future performance of the Company. Such statements, estimates and projections reflect various assumptions of the management that may or may not prove to be correct. Such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and upon assumptions with respect to future business decisions that are subject to change.

The Company has made every effort to ensure the correctness and completeness of all information and calculations in this page. Notwithstanding the above, no liability is accepted nor warranties given for such correctness or completeness nor any action taken as a direct or indirect result of reading this page.



 




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