31 March 2016
DETAILS
Sika has expanded its position in the Middle East
by establishing a new national subsidiary in Kuwait.
The creation of this 94th subsidiary worldwide
marks a further step forward
in the implementation of Sika's growth strategy,
which aims to expand the Group's international presence
to 100 national subsidiaries by 2018.
Kuwait's construction market is set to grow
at a tremendous pace,
with investments of just under USD 30 billion
in the focus areas of real estate and infrastructure.
Key construction projects at national level
include an airport extension
and upgrade of the metropolitan transportation network,
which alone account for a total investment of USD 13 billion.
The new national subsidiary positions Sika perfectly
to supply high-quality concrete admixtures
and refurbishment products directly
to customers in Kuwait and
to benefit from the country's booming construction market.
Sika products are already being used
in the construction of a new university
and several roadbuilding projects.
The Kuwait market has been serviced
from neighboring countries since 2010.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
