Economy Country February 24, 2025

Abu Dhabi's BLDCo Faces Contract Negotiation Challenges

Abu Dhabi's Building Materials Company (BLDCo) announced challenges in reaching a satisfactory agreement for selling its production line to the iron industries buyer.


Abu Dhabi's BLDCo Faces Contract Negotiation Challenges

The company "بلكو" from Abu Dhabi announced that it was unable to reach an agreement with the customer regarding the sale of the company's production line for the railway industry. The company could not come to an agreement on contractual terms with the customer, which led to the cessation of the deal. In this regard, "بلكو" reported that it will consider other possibilities for utilizing this production line. The company expressed hope for further cooperation with the customer.

However, despite these complexities, the company confirmed its intention to seek other partners and opportunities for business development. The drive for expansion and strengthening positions in the market remains a priority for "بلكو".

"We value our clients and do everything possible to meet their needs. We are ready to explore new opportunities and partners for collaboration," noted the representative of the company.