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Jabal Omar awards $397m tower contracts

Riyadh, March 29, 2012

Jabal Omar Development, a leading Saudi Arabia-based developer, has awarded construction contracts worth SR1.49 billion ($397 million) to two local companies for the second phase of its towers project, a report said.

Saudi Arabian Baytur Construction and Azmeel Contracting and Construction Corporation won the contracts that include building four hotel towers, the company said in a statement to the Saudi bourse, Gulf News reported.

The duration of the works is 24 months, the statement said.

 




Tags: Jabal Omar | contract | Riyadh | Hotel towers | Baytur |

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