BITUMAT is a wholly owned Gulf Investment Corporation, Kuwait, subsidiary. The Corporation, with an authorized capital of over US$ 2.0 billion, continues to be one of the most strongly capitalized financial institutions within the region. Owned equally by the six GCC governments, Saudi Arabia, Kuwait, Bahrain, Oman, Qatar, and the United Arab Emirates, GIC focuses on promoting private enterprise and supporting economic growth.
Bitumat today is a multi million dollar company with its corporate office and manufacturing facilities located in the picturesque and progressive Eastern Province of Saudi Arabia. It is hailed as one of the most progressive and professionally managed companies in Saudi Arabia. Bitumat today is an icon in the waterproofing industry and has created a specific niche for itself and is considered as the fountain head of knowledge.
Bitumat was founded in 1984 but its roots go back to 1975 when the founders became involved in the roofing waterproofing industry as dealer and applicator in Saudi Arabia for a major manufacturer from the U.S.A.
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