Hilal Salim Al Sinani, Chairman of Al Bahja Constructions Engineering and Trading Co, Marine Technology Diving Services, Qalhat Marine Services, Sama Al Bahja Engineering and Trading Co talks about his company’s performance in 2015 and its outlook for the future.
Can you give us a brief about Al Bahja group of companies’ performances in 2015?
We have played an active role in marine construction services; winning an award in marine excellence services in 2015 is a good achievement. Our engineering business group expanded in rail services, road and civil works and establishment of engineering training facility centre. We founded our companies with the broad objective of establishing an organisation to provide state-of-the-art services to develop modern and technologically advanced infrastructure business. We provide services with a dedication to the highest technology and quality of customer satisfaction delivered with a sense of warmth, friendliness, corporate/individual pride, and enterprise spirit. Following the message for Omanisation, we are proud to be the only Omani company in oil and gas marine services for dredging division.
What are the major projects your group is currently involved in the Sultanate?
There are many projects we are involved not only in Oman but in the region as well as in Asia.
What are the major challenges faced by your?
You always learn from challenges; our economics are solid with capital, fleets and assets that have not just weathered, but prospered during the economic storm. As an organisation, we have both the united structure and top-notch capabilities required to offer truly synchronised solutions. More importantly, we have outstanding human resources – the best possible people with a collective will to succeed; we are filled with ambition and confidence; our name and logo represent this positivity through the evolution of our company. As a brand, we are deeply committed to shared values and business objectives.
What will be the impact of oil price decline on Oman’s construction sector?
I see the fall in oil prices as an opportunity rather than a threat for Oman. Unlike other countries in the region, Oman is not completely dependent on oil and its diverse topography extending from Salalah to Musandam offers great potential for the development of tourism projects. Geographically, financially and organizationally, we are well-placed to achieve this. Oman is a major player in a region that is becoming increasingly globally significant; its energy sector and progressive economic diversification will continue to enhance our business opportunities.
What is your future outlook for 2016 and beyond?
Our philosophy is to understand the essential of ‘the client first’ philosophy to provide quality services at its excellence; We are looking to participate with a strong commitment for the vision of 2020.Just twenty years ago, the Omani government launched Vision 2020: a development programme to bring unparalleled economic growth to the region. As such government entities such as Oman Rail, SEZAD, and OMRAN plan to execute mega projects like the National Railway Project, Duqm and more by 2020, bringing over $50 billion in construction projects to Oman with such an ambitious pipeline of projects, Oman is bound to be a global leader in economic expansion and infrastructure transformation, proving to be an attractive tourist destination.