CPC wins $349m Riyadh university work
Riyadh, January 19, 2010
Construction Products Holding Company said its subsidiary has won a SR1.3 billion ($349.3 million) sub contract from Saudi Binladin Group for MEP work at Princess Noura Bint Abdurrahman Girls University being developed in Riyadh.
Saudi Bin Laden is the main contractor for the upcoming Princess Noura Bint Abdurrahman Girls University.
Vision Electro Mechanical Company (Vision) signed an agreement with Saudi Binladin Group in this regard. Under the deal, Vision will provide various electrical and mechanical installations in the construction of the university.
The contract involves electrical and mechanical works at the University campus including internal works and supplying of engineering supplies, electrical system which includes equipment for medium-and low-tension electricity network, lighting control system, electrical distribution control system, cooling and heating system, water network system, fire alarm and fighting system and sanitation works.
It is the second contract signed by the company with the contractors, highlighting the excellent performance done by Vision for this landmark project, said Dr Faysal Alaquil, business development director and the official spokesman of CPC, at the signing ceremony.
Dr Alaquil said the work at the university will be a massive one, involving 4,000 engineers, technicians and workers from Vision, and will be completed in 24 months.
He further pointed out that the total area of the campus is 4 million square meters, including a 963,548 square meter-complex featuring administrative and faculty buildings, as well as a residential area for students and staff, a commercial mall, recreation and sports centers, security and logistics facilities.
Hassan Chahine, the chief executive director of Vision, expressed delight at the second win at Princess Noura University in Riyadh, which he described as a distinguished educational edifice.
'Since the beginning of the works in the University we were very keen to participate in the implementation of its electromechanical works. The diversity of CPC companies enabled us to carry out any construction tasks assigned to us in the most appropriate and satisfactory way that suits our clients,' Chahine added.-TradeArabia News Service