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Gulf News: What is ETA's market position?
Salahuddin: In most sectors, we are in the top five regional companies in terms of construction capabilities or delivering projects. The key is to maintain that market share, and we continue to do that.
Gulf News: What is your market share in various industries?
Salahuddin: We have a 25 per cent share in electromechanical buildings, 40 per cent in elevators, 15 per cent in civil construction and 30 per cent in the power sector.
Gulf News: What are the group's recent growth rates?
Salahuddin: We've been growing 20-30 per cent annually in terms of turnover in the past 2 to 3 years.
Gulf News: Are you entering new markets?
Salahuddin: On the property side, we are looking into Saudi Arabia, Vietnam, Turkey and Egypt. In cement, we're looking at other Middle East countries like Libya and Jordan. We're studying these markets.
Gulf News: Which sector is the most profitable?
Salahuddin: Return on investment is the highest in trading. Property is high on return for a high investment-based sector.
Gulf News: Which sectors are you focusing on?
Salahuddin: There is potential for growth in property, shipping, steel, cement, oil and gas.
Gulf News: Which other sectors are you investing in the near future?
Salahuddin: We are investing in oil and gas outside the UAE; upstream oil and gas, refineries, as well as infrastructure projects like roads and ports in India.
Gulf News: How are you expanding in India and China?
Salahuddin: In China, we have acquired a shipyard and are increasing its capacity. In India, we are planning investments in power generation projects and property as well as roads. We plan to build a 1,000 MW power plant, which will require at least Dh6 billion in capital expenditure. We are also planning a road project, which will need about Dh2.5 billion.
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