Company
Red Sea Housing
Services, a public company listed on the Saudi Stock Exchange under Red
Sea symbol 4230, was established in 1986. It has supplied hundreds of projects in over 56
countries around the world. With four modern ISO certified
manufacturing facilities and strategically located in Saudi Arabia, United
Arab Emirates, Ghana and Libya, Red Sea Housing Services is capable of
serving its diversified clients with quality products in a timely manner.
The Company sells and leases a wide range of manufactured buildings for
commercial and residential applications and offers quick and durable
housing solutions to the oil & gas, construction and mining sectors as
well as government and multi-lateral organizations.
Building on its vast experience in design, planning and production of
manufactured housing, the company continuously strives to deliver high
quality products and loyal service. Red Sea offers various housing
products with a proven track record of expertise in providing entire
turnkey camp package solution. We manufacturer, deliver, install and
commission our camps in some of the most hostile and remote regions of the
world.
Red Sea has a large and diverse customer base, as well as sales
representative offices, agents and site offices in the company's major
target areas to serve existing customers and seek additional business.
The company
currently employs over 3,000 full time personnel and the Management is
highly trained and qualified in the manufactured housing industry, with a
vast array of experience in both the Middle Eastern and international
markets.
Financial
Red Sea Housing has accounts and commercial dealings with major world
class banks such as Riyadh Bank and Saudi Al Hollandi Bank located in the
Kingdom of Saudi Arabia, the Emirates Bank and Hongkong & Shanghai Banking
Corporation located in United Arab Emirates. Project financing is
already well established with all of these banks. In addition,
bank guarantee, letter of credit and other types of financial services
have been extended and are available at any time, as per client's needs.
Bank references, contact points and updated financial statements and
balance sheets are readily available upon request.
Insurance
Red Sea Housing maintain full insurance coverage of all its facilities, as
well as third party liability and product liability. Additional
policies as needed for specific coverage on specific projects can also be
obtained as the client my require.
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