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Giga Group is a company of veterans who have found the perfect medium to exercise the essence of their abilities and experience. They have created new skylines in the modern developing nations rendering great boost in cultures, economies and lives in the region of their operations.

Their's is a pursuit of excellence and that too in a short span of time achieving success and giving birth to additional concerns that have flourished and become independent identities following the Giga mast head.

The Giga Group was founded, in 1956, by Haji Abdul Rahim Giga. Then, half a century ago, the enterprise humbly ventured into the textile industry and trading business in Dubai, UAE. The rest was entrepreneurial history in the making. Today the Giga Group is an independent parent organisation. It nurtures a diversified set of companies, through a portfolio of industries, under the guidance and supervision of its Chairman Haji Muhammad Rafiq Giga.

The Giga Group and the Al-Ghurair Group, as two leading conglomerates of United Arab Emirates, are operating a joint venture in Pakistan. Al Ghurair Giga Pakistan (Pvt) Limited that shines the brightest amongst all the Real Estate developers.

Al Ghurair Giga Pakistan (Pvt) Limited: Al Ghurair Giga has over 100 collective years of experience and understanding in developing raw land and then transforming it into real estate wonders featuring the most attractive infrastructure for work and living. The Al Ghurair Giga heritage has been built upon making astute and thoughtful business and investment decisions in land development and the real estate marketplace around the globe.

Al Ghurair Giga's plan to be a known leader as a modernizer, in generating growth through investment in unique business opportunities, with reputable local and global partners is taking share in terms of our construction activity. Our main focus is to follow international standards of excellence in engineering and design, project delivery, customer satisfaction and is creating employment, wealth and wholesome family entertainment experiences so that future generations can reap the benefits of the seeds of opportunities that we are planting today. Al Ghurair Giga believes that project based investments with the local community are the best choice to opt for.

Taking a project from paper to concrete reality requires a unique combination of skills, access to vast resources and above all, unquenchable zeal and enthusiasm. These are the attributes that have made Al Ghurair Giga a renowned name in real estate development, the world over. Based in the United Arab Emirates, Al Ghurair Giga is slowly changing the landscape of the region with a host of world class projects in the Middle East and now in Pakistan.

With its team of highly qualified professionals in the field of architecture, interior design, project planning, construction and management, Al Ghurair Giga has already launched tow mega projects. The World Trade Centre and the Goldcrest Residential Complex, both located in Islamabad. Now, with its first project in Lahore, Al Ghurair Giga is poised to be on the brink of another landmark achievement -- Goldcrest Mall.

Al Ghurair Group is one of the most active groups in the UAE and has been a major player towards contributing in the growth of UAE. The Group Chairman. Saif Al Ghurair, is a leading business figure in the Middle East and is the vision behind group's 40 years of success in retail, industry and manufacturing concerns. Al Ghurair Group operates eight strategic business units that are part of their three main lines of businesses which are classified as Real Estate and Shopping Malls, Manufacturing (Packaging Solutions and Metals), and Investments.

The multi-faceted operations of the Giga Group Construction: Al Najeebi Construction, Bina Goodyear Middle East Limited, IJM Gulf Limited, IJM Concrete Private Limited, Mazyood Giga International Construction Company. Sky Construction LLC, Bridgestone Construction Company.

General Trading:

-- Mian Akber Trading Corporation

-- Gold and Jewellery Trading

-- Mazyood Jewellery LLC, H.A. Rahim & Sons (Pvt) Ltd.

-- Gold Refining.

-- Al-Ghurair Giga Gold Refinery

Investments: Metal Investment Holding Corporation was established in 2000 to explore investment opportunities in different regions and sectors. The company has made total investments in excess of USD 98 million in various establishments in UAE and Pakistan.

Real Estate Investments and Property Development:

Mazyood Giga International FZE, Star Giga Establishment Ltd, Giga Real Estate, Al-Ghurair Giga Pakistan (Pvt) Limited, Emmar Giga Karachi Limited, Emaar DHA Islamabad Limited.

Textiles:

-- Mian Akbar Trading Corporation, Nida Textile Mills (T) Limited.

The High Profile Partners of the Giga Group: The Giga Group of Companies comprises of varied legal structures such as proprietorship, partnership, establishment and limited liability companies. The association and partnerships that have been wrought over the years have stood the group in good stead. Some of the salient partners that lend additional strength and play stellar roles in the Giga growth are:

Al-Ghurair Group, Dubai, UAE:

A highly diversified group that holds an interest in banking, insurance, real estate development and property management, shopping malls, trading, shipping, gold and silver refining, shipping, gold and silver refining, cement, power generations and desalination plants, textiles, fashion garments, retailing and a range of other businesses in 32 countries around the world.

ETA Star Property Developers LLC: The property-development arm of the ETA-ASCON conglomerate, ETA Star is one of the leading property developers in the UAE. The company offers a whole gamut of services connected with property development, leasing and management. ETA Star is a full-fledged property development company that has a sound reputation for innovation and scale of projects that provide and edge in the competitive property market.

IJM: IJM is a Malaysian entity with its core interest in construction, other businesses include property management, industries, oil palm plantation and international ventures.

Al-Najeebi Construction: Al Najeebi Construction, was established in 2003 in Pakistan to offer quality construction and development. Amongst a host of projects there are two that stand apart.

Bina Goodyear Middle East Limited: Bina Goodyear Middle East Limited was established in 2006 in UAE as a joint venture between the Giga Group and Bina Goodyear Berhad, a Malaysian public limited listed company. The company was established to optimise the opportunities in Pakistan's construction upsurge.

IJM Gulf Limited: IJM Gulf Limited established in 2006 in Dubai, UAE. The company is another joint venture between the Giga Group and IJM a Malaysian public listed company. The objective of the company is to undertake construction and development projects in Pakistan that meet international standards.

IJM Concrete Private Limited: IJM Concrete Private Limited was established in 2006 in Duabai, UAE. The company is a joint venture between the Giga Group and Malaysian Rock products. The objective of the company is to introduce high quality concrete products to meet the group's high construction standard requirements and those of the local construction industry in Pakistan.

Mazyood Giga International Construction Company: Mazyood Giga International Construction Company was established in 2004 in Pakistan to capitalise on the construction boom in the country. The company has been awarded a contract of USD 36 million by the EMAAR Group through its project manager Halcrow, UK. Halcrow is recognised as the leading UK consultant in coastal engineering. The project entails reclamation of a platform of 108 acres at Defence Housing Authority, Karachi, construction of Rock Armour edge protection at the reclaimed area, construction of beaches and site investigation following reclamation.

Sky Construction LLC: Sky Construction LLC, a sister concern of the Giga Group, was formed to serve the local and international industrial market as specialty contractor providing breakthrough solutions to the biggest challenge in the field. Today Sky Construction LLC is fast becoming known as the preferred partner in its field as a unique problem solver bringing success to seemingly impossible projects. Knowledge, skill and attention to detail are the company's distinguishing attributes.

Bridgestone Construction Company: Bridgestone Construction Company was established in 2006 in Pakistan to serve the local and international market as specialty contractor -providing solutions to the toughest problems in the construction industry.

The company provides pre-construction services, general construction services, and other value-added services with its ability to self-perform structural and architectural concrete work, including forming, placing and finishing.

The company also provides construction management services and design/build services. The company also provides construction management services and design/build services. The company has been awarded a contract of around USD 25 million by international real estate developers; the project entails the construction of villas.

GENERAL TRADING:

Mian Akbar Trading Corporation: Mian Akbar Trading Corporation was formed in 1985 in Pakistan and is one of the leading export houses in textiles and related industrial machinery parts and accessories.Mian Akbar Trading Corporation gained its success and awards through the export of 100% cotton fabric, PC blended bed linen, garments and confectionery. The performance of Mian Akbar Trading Corporation has been well acknowledged by various trade associations in Pakistan through Export Performance Trophies viz a viz by the Federation of Pakistan Chamber of Commerce & Industries (FPCCI), Karachi Chamber of Commerce & Industries (KCCI) and Pakistan Cloth Merchant Association (PCMA).

GOLD AND JEWELLERY TRADING:

Mazyood Jewellery DMCC: Mazyood Jewellery LLC was established in Dubai, UAE in 1994 as Giga Group's foray into the bullion trade. The company was later registered as Mazyood jewellery DMCC. Today, Mazyood Jewellery DMCC is one of Dubai's leading supplier of bullion to the subcontinent and an established name in the industry. The company imports bullion from major international banks and refineries such as UBS Warburg, Credit Susisse, First Boston, Bank of Nova Scotia, Commerzbank and Argor Hereaus. In February 2000, the company was honoured by UBS Warburg for being the largest importer of gold in the UAE.

H.A. Rahim & Sons (PVT) Ltd: This company is a leading importer of gold and silver into Pakistan; a dynamic and highly competitive Pakistan market.

GOLD REFINERY:

Al Ghurair Giga Gold Refinery: Al Ghurair Giga Gold Refinery was established in 2003 as a joint venture between the Al Ghurair Group and the Giga Group. The refinery was set-up at an approximate cost of USD 30 million and is located at the Dubai Multi Commodities (DMCC). Al Ghurair Giga Gold Refinery is the first gold refinery to start its operation in DMCC and attained ISO 9001:2000 and ISO 14001 certification is September 2004. The annual production capacity is 100 metric tons. The refined gold output is in the form of gold bars 10 Tola 999, 100 Grams 999, 1 Kg 9999.

REAL ESTATE INVESTMENT & PROPERTY DEVELOPMENT:

Mazyood Giga International FZE: Mazyood Giga International FZE was established in 2004 in Dubai, to undertake property development in the UAE. Today the company's achievements are reflected in Dubai's famous skyline. The company has launched a series of high profile projects in Dubai under the brand name Goldcrest which today is a symbol of signature architecture and superior construction in the region.

Goldcrest Views the first project of the company, at a cost of USD 100 million, is an ultra-modern 40 storeys tower and one of premier lakeside apartment residences in the Jumeirah Lake Towers project in Dubai. It is a flourish of grace against the sky and has all the touches that answer the aspirations of modernity.

Star Giga Establishment Ltd: Star Giga Establishment Ltd was formed in Duibai, UAE in 2004 jointly by Mazyood Giga International and ETA Star with a vision to lead the creation of community style-living in the region. All the projects undertaken by this union of giants are a study in modern engineering and models for real estate development.

Goldcrest Views 2 and Goldcrest Executive are thirty-nine storey towers that offer a variety of freehold apartments and offices located in Jumeirah Lakes Towers, Dubai. The cost of each project amounts to USD 100 million.

Pearl Residence is a five-tower complex of exclusive freehold properties, at a cost of USD 50 million, developed by incorporating the highest standards of design, construction and luxury and is located in the Emirates of Ajman, UAE.

Goldcrest Dreams are four splendid 30-storey residential towers, at a cost USD 200 million, located at Emirates City on Emirates Road, Ajman. Emirates City is a multi-use project designed to provide fine housing to middle-income families. Goldcrest Dreams 2 comprises of three towers of 30 floors each at a cost of USD 165 million and is located in the fast rising Emirates City, Emirates Road, Ajman.

Giga Real Estate: Giaga Real Estate was formed in 2005 and is the dedicated sales arm for the Giga Group's brands and projects. The company offers services including buying, selling, leasing and property management.

Al-Ghurair Giaga Pakistan (Pvt) Limited: Al-Ghurair Giga Pakistan (Pvt) Limited was established in 2004 in Islamabad, Pakistan, as a property development joint venture between the Giga Group and Al-Ghurair Group of Dubai, UAE. The company is focused to launch project that will make a positive impact on the economy of Pakistan. The company has undertaken projects with a total cost of around USD 330 million which are in different stages of development.

Copyright Business Recorder, 2008


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