Denzai Arabia, a Dezai K.K. company and Fawaz Ali Alshammari (FTE) have joined forces to form a joint venture heavy transport company in Saudi Arabia. The partnership was prompted by a rising number of wind power construction, crane operations and heavy lifting operations in the region. 

Denzai set up its Saudi Arabia unit in 2023, and the 50-50 joint venture with FTE, a major local port and heavy-lift company, will be able to provide a stable supply of high-value-added services. The JV is expected to be completed by June 2024.

Kohki Uemura, CEO of Denzai K.K., commented, “The establishment of this joint venture with FTE Logistics, which has more than 25 years of experience in heavy lifting in Saudi Arabia, will enable us to provide integrated construction services in Saudi Arabia and the Middle East, from port transportation to installation work at project sites. In this country, large-scale projects are underway to break away from dependence on oil, and we hope to contribute to the optimization of these projects by combining the management resources of the DENZAI Group and FTE Logistics.”

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Fawaz Alshammari, CEO of FTE said, “The JV with DENZAI, an international leader in wind farm and power plant installation, will enable the two companies to provide a world-class service to the regional market. By teaming up with Denzai, FTE believe we can elevate the service standards within the industry.”

A heavy transport MoU in Vietnam

Earlier this year, Denzai Vietnam signed a memorandum of understanding with Infinity Logistics to collaborate in the field of heavy transport in Vietnam, Laos and Cambodia.

Under the MoU, DENZAI Group and Infinity Logistics will cooperate in the fields of transportation and construction of onshore and offshore wind farms and oil and gas plant projects in Vietnam, Laos, and Cambodia.