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Kele Contracting enters joint venture with Al Suwaiket

Elias: Having a strategic partnership in place with Al Suwaiket, Kele Contracting have found the right time to enter the KSA market

Dubai, … June 2011
Dubai-based Kele Contracting, a construction firm established in 2005 in partnership with Enshaa PSC and Australian affiliate Kele International Holdings, is expanding into the KSA market. Kele Contracting Saudi Arabia has registered an office in the Kingdom and entered into a joint venture and strategic partnership with Al Suwaiket Contracting and Construction. The latter being a member of Al Suwaiket Group of Companies, a Saudi company that provides a diverse range of expertise in areas including building and civil engineering.


Al Suwaiket Group was ranked 11th among the Top 100 companies in Saudi Arabia by Arab News, and has interests in construction, catering, airlines, real estate, agriculture, marketing/ advertising and general trading, with offices in Bahrain, Lebanon, Oman, Qatar, Saudi Arabia and the UAE. Regarding the firm's decision to move into the KSA market at this time, Kele’s CEO, Andrew Elias, explains that Kele has been watching the Kingdom’s construction and real estate sectors with an eye to expand in the region. “The KSA government’s commitment to ensuring the growth and smooth functioning of the construction and real estate sector to create a better life for its people, combined with recent changes in legislation, makes the Kingdom a particularly attractive destination for investors and developers at present, a situation expected to continue over the next few years.

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