In response to the increase of high quality projects, and the numerous prestigious upcoming projects, Armetal’ s Board of Directors decided to purchase a land of 16,000 sq. m in Riyadh Industrial City, southern Riyadh, to establish its new facilities consisting of 6,000 sq. m of factory with the latest machineries and equipment, and 1,000 sq. m of offices.
The new plant will increase the capacity of Armetal allowing higher revenue whilst acquiring the highest shares from the upcoming projects. Securing a contract for the Riyadh Metro Project is the main goal of Armetal at the moment due to the complexity and the quality standards set for the project. The capabilities, experience, and facilities of Armetal will provide the ideal combination for such a project. In addition, there are 11 stadium under the design phase with Saudi Aramco which are expected to be launched by mid of 2015.