Dubai: Saudi Arabia's Construction Products Company (CPC) has announced that it is expanding its footprint in India by developing an Industrial Park in partnership with IL&FS Engineering & Construction Company (IECC), formerly known as Maytas.

CPC India is seeking to set up green field building material factories in partnership with IL&FS India and are finalising their business plan, the Jeddah-based company said.

The company is scouting for more investment opportunities in India, CPC's Director of Business Development and Head of Corporate Social Responsibility Faysal Al-Aquil said.

The industrial park is the biggest venture yet by CPC in India where its operations have so far been mainly building factories, the company said.

Al-Aquil also complimented Indian workers for CPC's success.

"CPC is very proud to have skilled Indian workers including engineers, technicians and administrators within its various companies," he said, adding that India is a vital strategic economic partner of Saudi Arabia and both countries have strong foreign investment potential.

Saudi Arabia is the largest oil supplier to India with bilateral trade over $25 billion.

CPC has branch facilities in Riyadh, Dammam, Abu Dhabi, Damascus, Cairo, Doha, and Algeria.

(Agencies)

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