June 09, 2015
Tata Projects and Al Siraj Holdings form joint venture to provide quality inspection services in Oman
Muscat: Al Siraj Holdings, a progressive business group in the Sultanate of Oman with diversified business interests, and Tata Projects, one of India’s most admired infrastructure company, have signed a joint venture (JV) agreement to offer quality inspection services in Oman.
The JV will also provide `expediting services’ in addition to `quality inspection services’ for oil & gas, power and infrastructure sectors. Tata Projects – Quality Services SBU (TPL-QS) has the experience of working in 40 countries. With presence in UAE, Germany, China, Korea, South Africa and Mauritius, the company is well positioned to service global customers for second and third-party Inspection, expediting and field quality services.
Al Siraj Holdings is one of the most reputed enterprises in Oman, playing a key role in the Arabian Gulf economy. It has interests in investments, building management systems, information technology services, construction & related services, energy, education, travel and tourism, real estate & logistics and manufacturing.
Speaking on the occasion, Budoor Mohamed Rashid Al Araimi, chairperson of Al Siraj Holdings, said: “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, said, “We are happy to partner with Al Siraj Holdings and provide our quality services expertise for their growing needs in Oman. This JV could pave the way for larger co-operation in industrial infrastructure sector among the two companies.”