Dubai, UAE: Leminar Air Conditioning Company has announced that it has expanded its showroom in the Al Rai area of Kuwait City, in response to the increasing demand for its products from Kuwait’s growing construction sector.
The revamped showroom, the announcement said, is three times larger and occupies a prime spot at the Al Fouzan Commercial complex. The announcement added that it has also leased a warehouse in Doha Industrial Area to store additional supplies and ensure that stock requirements are met in a timely and seamless manner.
The distribution company said that the investments are in line with its growth strategy for Kuwait, which has a burgeoning construction sector driven by government initiatives to boost infrastructure development. In fact, the industry rose at a compound annual growth rate (CAGR) of 5.23% during the period 2011-2015 and will reach USD 15.6 billion in 2020, highlighted the company.¹
“We have a very clear-cut and long-term vision for Kuwait,” said Navin Valrani, Chief Executive Officer (CEO) of Leminar Air Conditioning Company. “With a robust forecast of construction spending, we expect rising demand for increasingly efficient HVAC systems. And, we want to make sure that we are well-equipped to meet this demand.”
Pramodh Idicheria, General Manager of Leminar Air Conditioning Company, added: “Our business partners trust Leminar’s ability to deliver results and further their global footprint. We have proved the efficiency of our distribution network with successful models in UAE, Qatar and Oman. It is only a matter of time before Leminar establishes itself as Kuwait’s leading distributor catering to the MEP industry.”
The expansion, the announcement revealed, comes close on the heels of a distribution agreement signed by the company with Swiss corporation, Georg Fischer, for the supply of its piping systems in the country, and adding Sweden’s Alfa Haval Heat Exchangers to its product portfolio for Kuwaiti market.
References:
1. The Construction in Kuwait – Key Trends and Opportunities to 2020 report from Timetric’s Construction Intelligence Center (CIC)
