Saudi Arabian Trading and Construction Co . Jeddah, Saudia Arabia
In 1975, the Saudi Arabian Trading and Construction Company (SATCO) started its
by representing foreign companies in Saudi Arabia, covering sectors in construction,
landscaping, catering, airports support services and systems control. A few short years
after its inception, SATCO witnessed the construction boom of Saudi Arabia and took full
advantage by forming joint ventures with the foreign companies it had been representing.
The growth in Saudi Arabia ended in 1985 and many of the companies in the region,
SATCO’s foreign partners, exited. SATCO reorganized by acquiring the JV’s assets and
transferring their employees into divisions of SATCO. By effectively absorbing the
expertise and knowledge from its JVs, SATCO became an operating company.