A leading Riyadh-based pre-cast concrete manufacturer has seen its sales revenue escalating over the past three years and is in the process of boosting its production capacity.

T Nagadi Preformed Concrete Factory is encouraged by the still-brisk infrastructure development and construction activity in Saudi Arabia despite the global economic downturn that has affected the building materials industry in many international markets.
Business prospects seem so promising that the company is preparing to install new equipment that has just arrived with a view to expanding production capacity by another 25 per cent.
“It is likely we will overtake 2008 sales as we have projects in hand and are expecting to receive several new supply orders during this year,” said area manager Gopal Krishnan.
In 2008 sales were SR200 million ($53.3 million), a substantial improvement over the previous year’s figure of SR129 million.
“The local construction industry is booming compared to the previous years and the trend will continue for another couple of years as there are projects in the execution and bidding stages,” says Krishnan.
T Nagadi has three plants, one of which is in Riyadh and the other two are in Yanbu.
The company products are reinforced concrete pipes and jacking pipes with or without lining, sewer manholes, telecommunication manholes and hand holes, chambers and pre-cast concrete fence wall panels.
The company is currently implementing a contract to produce and supply lined jacking pipes and manhole elements to Al Mabani Company for their projects with Jeddah’s sewerage and water authority. The contract is worth SR150 million and supplies commenced around the beginning of this year and will go on until the end of 2010.
The company has also been contracted to supply subcontractor Hashim Ismail Company reinforced concrete pipes of inner diameters 2,200 mm and 3,500 mm. The contract is worth SR15 million and the material is required for the Saudi government’s Al Hada Makkah Al Mukaramah project.
Among orders it is implementing is one from Cercon for a Riyadh sewerage project. Supplies under the contract are worth SR23.5 million.
The company has a SR16.5 million order from Nesco for a communication project and it is also in the process of implementing for contractor Nour a SR13 million order for a Mobily project.
T Nagadi is owned and managed by Tarik bin Mohamed Ibrahim Nagadi.