Through their investments in leading building materials producers in Kuwait, the Al-Rashed family is at the forefront of this fast expanding market sector. The rapid population growth is fuelling a high demand for housing, schools and other associated infrastructure. Unlike many other sectors in Kuwait, the construction market enjoys much higher private sector participation. Hotels, leisure, housing and commercial projects have been at the forefront of construction activity in Kuwait in recent years. Unlike other parts of the region this activity has been driven mainly by local requirements and not the more speculative touristic or investment based schemes seen in other parts of the region. This has resulted in a more consistent and sustainable growth level making Kuwait a more attractive construction market.
Al-Rashed Holdings recognizing this opportunity and in order to complement its direct investments in the large commodity manufacturers, it operates a managed buildings materials division focusing on specialist and technology based products supplied from reputable international company including Expamet UK.
A recent development, reflecting the ongoing commitment to this sector is the investment in a new manufacturing facility to locally produce expanded metal sheets, plastering accessories, C-Channels, brackets and block work Accessories in Kuwait. We have been distributing the Expamet UK building material products in Kuwait for over three decades and this premium range of products are well established in the local market..