Consolidated Contractors Company (CCC) continues to be an outstanding contributor to the construction sector in the region and has rattled off a diverse selection of projects in the past 12 months, including the Batinah Expressway (package 6) in Oman, the Wasit Gas Development Project in Saudi Arabia, New Export Transit Pipelines in Kuwait and Burj Vista in Downtown Dubai.
According to Tawfiq Khoury, executive vice president of one of the regions largest engineering and construction companies, CCC remains well-placed to continue a success story that stretches back to 1952 when it became one of the first Arab construction companies. With CCCs existing strong governance and management, I am confident that CCC will continue to rise to the challenge. 2016, even with tough market conditions, ended up as another good year where CCC maintained the leadership role. CCCs effective teamwork will continuously enhance our services and maintain our established position, and succeed in securing solid results, said Khoury.
Much of CCCs resilience stems from its diversification into several sectors. The group now includes a raft of subsidiaries that span general construction, infrastructure and oil & gas, including CCC Underwater, CCC Oil and Gas, ACWA Services Ltd, Morganti Group Inc, Sicon Oil and Gas and its share of Abu Dhabis National Petroleum Construction Company (NPCC). Its strength in the oil & gas sector is typified by its list of current projects which includes working on the RHIB (Rabab Harweel Integrated Project) in South Oman, the Clean Fuels Project at Kuwaits Mina Abdullah refinery and the $1.4 billion Jazan Refinery and Terminal Project in Saudi Arabia. The company is also highly active in the residential and commercial property sector is a main contractor on the Emirates Hills development.