ENOC Group (UAE) to Build 45 New Service Stations in KSA
14 Dec 2018 - ENOC Group have announced major expansion plans to build 45 new service stations in the Kingdom of Saudi Arabia over the next five years. The group’s plans are aligned with the Ministry of Municipal and Rural Affairs’ plan, which aim for the construction of over 1,200 petrol stations across the Kingdom.
All 45 ENOC service stations will be strategically built on the Kingdom’s vast network of highways that inter-connect the 13 provinces and serve as a major logistics and trade land-corridor; connecting the Kingdom to the rest of the GCC and the Middle East region. Over the next two years, ENOC’s plan will focus on building stations in the central region, mainly Riyadh and the Eastern province.
ENOC currently operates 14 stations across the KSA. The group’s future service stations will also include ZOOM convenience stores. Customers will also enjoy a variety of retail outlets like Pronto. Alongside extending its retail network, ENOC will also provide employment opportunities to Saudi nationals.
“With Saudi Arabia’s long-term vision to diversify its economy, boost tourism and infrastructure and enhance business and trade, our plan to expand our retail network by over 220% in the next five years is aligned with the Saudi Vision 2030, which aims to reduce oil dependency, increase privatisation and implement the Saudi nationalisation scheme,” says Saif Humaid Al Falasi, Group CEO, ENOC.
“Our 40-year heritage in building and operating best-in-class service stations across the UAE and Saudi Arabia are testament to our ability to build the infrastructure required for a robust network of service stations that will cater to the increased demand for fuel in the Kingdom,” he adds.