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A Commitment to Sustainable Growth Strategy Reaffirmed by Zamil Steel

Zamil Steel demonstrated the success of its sustainable growth strategy at its International Sales Conference, held recently in Beirut, Lebanon.

Along with invited principal clients and consultants, some 120 senior managers and executives from Zamil Steel and Zamil Industrial Investment Company's offices in Saudi Arabia and the GCC, Asia, Europe, Africa and Australia shared in celebrating the ongoing successes of a visionary strategy that is ensuring the company's sustained growth in the highly competitive steel and global construction industries.

The conference commenced with a keynote address from Khalid Al Zamil, President of Zamil Steel, who stressed the importance of the enduring strength of the company's values and its code of conduct as major contributors to its achievements.

"We all take immense pride in our organization and in the example we have set of who we are and what we represent on six continents," said Khalid Al Zamil. "Along with this is our highly enriched cultural diversity which is central to our success and to our solid reputation across the world. We appreciate the trust our shareowners and stakeholders have placed in our brands and services and we aim to continue to fully meet their expectations".

The commitment to ensuring sustainable growth includes major investments by Zamil Steel and parent company, Zamil Industrial Investment Company, in new infrastructure, facilities capabilities and human capital.

"New production facilities are under construction in Ras Al Khaimah in the UAE, in Ho Chi Minh City in Vietnam and in Maharashtra State in Western India to extend our reach into key growth areas and to enhance our capabilities further. These facilities will become productive towards the end of this year and will result in greater efficiencies in serving the needs of our clients," added Adnan Al Mansour, Senior Executive Vice President, Zamil Steel.

The role and support of Zamil Industrial Investment Company is key to Zamil Steel's expansion strategy and Abdulla Al Zamil, Chief Operating Officer, ZIIC, highlighted the value of the company's shared services model and its business development function as drivers of growth.

Other speakers at the conference represented various Zamil Steel business units and international sales offices. They briefed the audience on performance and achievements in 2005 in their respective territories.

The event provided an ideal environment for participants to network, share experiences and build new relationships to further enhance business development opportunities and leverage powerful synergies.

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