The Impressive Growth of Cotemar Mexico

Cotemar – a Mexican company servicing the oil and gas industry of Mexico – is a leader in its line of work. The Cotemar Company has been in business since early 1979 – it has been operating and expanding for 48 years. The company has been working steadily with another giant in the gas and oil sector – the Petroleos Mexicanos, also known as Pemex. The two organizations have been working side by side ever since Cotemar joined the industry back in 1979. Presently, the services that Cotemar offer are in the segments of Specialized Vessel and Maritime Support, Modernization, Construction, Accommodation and Catering, and Maintenance. Cotemar has integrated a handful of methods and pieces of technology in order to achieve higher levels of efficiency.

When Cotemar came to be in 1979, it was a provider only for energy sector of Mexico. In the beginning, it only offered accommodation and catering. Cotemar started expanding rapidly very early on in their professional career. Only after two years of being in business, the company underwent a significant change in services and re-directed towards the gas and oil sector of Mexico and started providing transportation for the employees and materials. In 1985, Cotemar had a growth spurt and came into the possession of their first rig. That enabled them to include catering in their services. In 1988 the company was able to provide most of the services they offer today as well because they acquired three specialized vessels and three rigs that could operate at the same time. The year of 2002 proved to be a highly significant year for the development of Cotemar when they, after the productive period of growth, obtained ownership of their first Hibernia. Cotemar’s next big company expansion happened a decade later in 2012 when they invested in a new specialized crane. Cotemar also added a number of maintenance vessels to their service fleet. After Cotemar’s 2012 expansion they started being able to offer transportation services for liquid materials as well, in addition to solid materials. In the year 2013 Cotemar became able to start the construction process of their brand new accommodation rig named Atlantis. In the year 2015 the company expanded again and ventured into the world of the onshore upstream sector. Last year, 2016, was quite a successful one for Cotemar, too. A subsidiary of the company was a winner of the Cuichapa Poniente area contract award for its work on a project. The Cotemar Company has experienced a drastic increase in the number of employees. Currently the company has up to 10 00 employees.

Successes Made By Hussain Sajwani And His Company, DAMAC Properties

Hussain Sajwani is a highly successful serial entrepreneur. The UAE national has over 30 years of expertise in expanding his businesses and pioneering other enterprises. He is the founder of DAMAC Properties, which is a successful conglomerate. He is also the chairman of the corporation. The Dubai-based company is a multi-billion dollar corporation that operates in more than 20 countries.

Hussain Sajwani is an astute investor and businessman. His initial investment was in the food business. Sajwani has made successful forays in the international equity and capital markets. Presently, Sajwani holds diverse investment portfolios of securities in regional and global markets.

DAMAC Properties has achieved much courtesy of Hussain Sajwani’s shrewd strategies and policies. The entity has invested in property development, finance, sales, legal and administration. Presently, the company has multiple projects in the leading cities of the world, including Dubai, Doha, Abu Dhabi, Amman, Jeddah, Beirut, Riyadh, and London.

Hussain Sajwani is among the pioneers of Dubai’s property market. In the 90s, Sajwani developed several hotels to cater for the influx of people coming to do business in the Emirate. In 2002, Sajwani identified a market opportunity. To this end, he created DAMAC Properties. The company has grown into one of the leading property developers in the Middle East. It has employed over 2000 people. Moreover, it has engaged in the development of luxury property. DAMAC Properties has delivered more than 16,800 homes. It has a development portfolio of more than 44,000 units at its multiple planning stages.

DAMAC Properties has been working with recognizable names and brands to bring their innovative concepts into the property market. Some of these brands include Trump Organization, Tiger Woods, Versace, Fendi, and Bugatti. Noteworthy, Hussain Sajwani and his family have an exceptional relationship with Donald Trump and his family. Their relationship goes beyond business. In 2013, Sajwani collaborated with Donald Trump to develop the Trump International Golf Course in Dubai and Trump World Golf Course. The second golf course was designed by Tiger Woods.

Recently, Hussain Sajwani gave a cheque of AED $ 2 million in support of the Ramadan campaign to clothe deprived children across the world. The initiative was inaugurated by His Highness Mohammed bin Rashid Al Maktoum, who serves as UAE’s prime minister.