Al Siraj Holdings, Tata Projects form joint venture

Al Siraj Holdings, a well-diversified business group based in the Sultanate, has signed a joint venture agreement with Tata Projects Limited, one of India's most admired infrastructure companies, to offer Quality Inspection services in Oman.

  
10 June 2015
Muscat - Al Siraj Holdings, a well-diversified business group based in the Sultanate, has signed a joint venture agreement with Tata Projects Limited, one of India's most admired infrastructure companies, to offer Quality Inspection services in Oman.

The joint venture, TQ Services LLL with its registered office in Muscat, will provide quality inspection services and expediting services for the Oil & Gas, Power and Infrastructure sectors. Technical expertise, systems and processes for the joint venture shall be provided by Tata Projects, who have been in quality inspection for over two decades.

Tata Projects Limited -- Quality Services SBU (TPL-QS) has the experience of working in 40 countries. With a presence in the UAE, Germany, China, Korea, South Africa, Mauritius, the company is well positioned to service the global customers for second and third party Inspection, Expediting and Field Quality services, the new JV said in a press statement.

Al Siraj Holdings has interests in Investments, Building Management Systems, Information Technology Services, Construction & Related Services, Energy, Education, Travel and Tourism, Real Estate & Logistics and Manufacturing. It groups more than 15 companies and affiliated businesses in Oman and abroad.

Budoor Mohamed Rashid al Araimi, Chairperson of Al Siraj Holdings, commented: "As a technology savvy and entrepreneurial corporate house we have been at the forefront of introducing new methods and world-class practices to Oman. This joint venture with Tata Projects will enhance our service offerings and would help raise quality compliance standards across various industrial sectors in Oman."

Vinayak Deshpande, Managing Director of Tata Projects Limited, stated: "Oman is one of the most promising countries in the Middle East. It has potential for the growth of large infrastructure companies due to strong domestic demand. We are happy to partner with Al Siraj Holdings and provide our expertise in this growing economy."

Al Siraj Holdings' portfolio of companies includes Galfar Engineering & Contracting, Al Dastoor Contracting & Trading, Muscat Finance, Delta International Projects and Engineering, Oman Medical College, Caledonian College of Engineering, Travel City and Gulf Plastic Industries among many others.

© Oman Daily Observer 2015