GAS and Tubefit Engineers form joint venture to make valves in Saudi Arabia

Saudi Arabian Gas Arabian Services Company (GAS) signed an agreement with India's Tubefit Engineers to set up Tubefit Arabia Factory, a valve and instrumentation fittings joint venture in Saudi Arabia. Tubefit Engineers will hold 53% and GAS 47%, with an investment of $1.33 million.

“The new company, Tubefit Arabia Factory, will be set up at an investment of $1.33 million in Saudi Arabia.”industrialvalvenews.com

• 1 source
• industrialvalvenews.comGAS ties up with Tubefit Engineers to set up valve production JV - Industrial Valve NewsAug 25, 2023

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