NBCC exploring business opportunities

New Delhi: State-owned NBCC on Thursday said it is exploring business opportunities in Saudi Arabia as part of its expansion plan. “In a bid to expand its footprints in the global arena, NBCC (India) Ltd, a Navratna PSU, is actively exploring business opportunities in Kingdom of Saudi Arabia,” the company said in a statement. In a recent development, an e-meeting was held under the chairmanship of Joint Secretary, (HFA), Ministry of Housing and Urban Affairs on cooperation in Housing and other infrastructure. The meeting was attended by Abdulrahman Altawil, Deputy Minister, Real Estate Development, Saudi Arabia, representatives from the National Housing Company (NHC), Saudi Arabia and senior NBCC officials. NHC, Saudi Arabia is actively collaborating with various countries to develop real estate, affordable housing, and innovative building technology in Saudi Arabia. NBCC has expressed interest in collaborating with Saudi Arabian companies for new business opportunities in Saudi Arabia