Mar. 25, 2015


Monjid Othman Abdelmajeed

Qatar

Monjid Othman Abdelmajeed

Managing Director, Redco Construction—Almana

BIO

Monjid Othman Abdelmajeed has been the Managing Director of Redco Construction—Almana since the establishment of the company in 1998.

How does Redco Construction —Almana distinguish itself from the other construction bureaus here in Qatar?

Redco Construction—Almana is a local company and one of the key players in the construction market. We established the firm in 1998 from scratch, and today it is one of the top-five companies in the sector. What sets us apart are our capabilities, our reputation, the projects we have completed, and what we are currently doing. There are a lot of clients who want to work with Redco because we deliver high-quality jobs on time; this is our main philosophy. We have established sister companies to cover any gaps in the construction field, such as ready-mix, aluminum, glass, electromechanical fit out, and facility management. We have made Redco successful and our vision for the future is to make sure it remains one of the top companies in the market. We aim to be a local contractor with international standards, and we are achieving this today by winning major tenders alone. For example, we have been awarded the Doha Oasis project, which was the biggest private-sector project to be awarded in 2014. We recently completed the Handball Association Complex, which went on record as the fastest sporting facility project completed in Qatar—we designed and built the stadium in 14 months. Redco was also granted one of the most sophisticated projects on the market; the Qatar Foundation Research and Development Complex. This project was designed and built in around 14-16 months. On top of this, we have ongoing projects at The Pearl and two towers already under construction in Lusail. In 2012, we completed prestigious hospitality projects such as Intercontinental the City Doha, Crowne Plaza Doha, and Viva Bahriya 11 & 17 at the Pearl-Qatar.

What is your policy in order to minimize the impact of the environment during your projects?

Construction jobs increasingly require a certain level of sustainability to be achieved. We have established a consultancy firm called BG2 for all sustainability and green requirements. It also supervises our projects to make sure that we can add value. It is a new trend in Qatar, but it will be a requirement for most of our projects, like it was for the stadium we recently built. The desire to build a sustainable project should come from the client's side because it saves them money in the long term.

How is Redco Construction—Almana preparing for the imminent boom in construction in the run up to the 2022 FIFA World Cup, and what challenges do you foresee?

We are flexible in our ability to grow. Redco Construction – Almana has around 6,500 workers today with the possibility of bringing in another 2,500 depending on the requirements of the market. We are targeting megaprojects and moving away from small projects. I think we can handle any challenges we face because today we have reached the point where we wanted to be. The 2022 FIFA World Cup is one of the major targets for us because it will complete our vision of where we are going.

How do you see Redco Construction—Almana developing in the next five years?

I believe the company will grow according to the market. We can expect to be very busy for the next four to five years. We are targeting prestigious jobs like stadiums, hotels, resorts, and so on. In the next five to six years, there will be a lot of new resorts in Qatar and the country will be attracting many more tourists. The country's infrastructure needs to be properly managed and, if that happens, Qatar will reach a new level.

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