Sunday Times 26-07-2015
Access Engineering (AEL) which bought Horizon Holdings Ventures (Pvt) Ltd and acquired 50 per cent in Horizon Holdings (Pvt) Ltd is eyeing more such investments, officials said.
“We are interested in the housing development sector and are interested in more such opportunities,” an AEL official said.
Horizon Holdings Ventures (Pvt.) Ltd (incorporated in June 2015) and Horizon Holdings (Pvt.) Ltd. (incorporated in March 2014) are in the business of developing their property located in Malabe, in 12.5 acres.
AEL has also focused on geographical diversification by creating its presence aboard, where AEL has taken the first step in the Pacific region.
The company undertook work for one of its Chinese partners at the biggest port in Papua New Guinea, Port Lae. AEL further plans to extend its international operations, however paying particular attention to the risks involved as the company hopes to partner with its principals. Currently the company is on the lookout for opportunities in East Africa and the Middle East with current strategic partners. (DEC)