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Al Zamil (right) and Albadah signing the agreement.

Zamil Steel wins Saudi mall project deal

RIYADH, April 30, 2015

Zamil Steel Construction Company (ZSCC) has been awarded a turnkey project contract worth SR90.8 million ($24.2 million) by the Gulf Real Estate Company for its new shopping mall project in Saudi Arabia.

A subsidiary of Zamil Industrial Investment Company, ZSCC said the scope of work includes the design, fabrication, supply and erection of 1,210 metric tonnes of pre-engineered steel buildings as well as the provision of all EPC (engineering procurement and construction) works, including civil, electrical, mechanical and structural and finishing works of the new shopping mall located at Dammam.

The shopping mall project being developed by Gulf Real Estate Company, is a fast-track undertaking that includes many components.

Spanning an area of over 33,000 sq m, it will be home to dozens of local chain stores and international boutiques, and will offer a wide range of shops, restaurants and entertainment venues.

The Gulf Real Estate Company said it has successfully developed several office towers in strategic places in capital Riyadh, in addition to a major housing complex and the Crystal Plaza Furniture Market in an area of 54,000 sq m.

On the contract win, Nawaf Al Zamil, the VP of Zamil Steel’s building products group, said: "This project is a perfect match for our company since we are turnkey project specialists. We are able to provide access to the top-quality supplies and the highly skilled staff required to complete this complex undertaking on time and to the client’s satisfaction."

ZSCC, he stated, was widely recognized as an experienced provider of top-notch building materials, product innovations and project management services throughout the region.

Nasir A. Albadah, the managing director of Gulf Real Estate Company, said the mall was the first phase of a large-scale fully integrated project that includes the development of a hotel, luxury apartments and residential towers.

The project will greatly contribute to the shopping experience in the surrounding area, he added.

Al Zamil said the complex safety and security requirements and challenging time frame associated with the construction will necessitate an extraordinary level of attention to detail.

The company will start supplying the building materials in the third quarter and all project work is likely to be completed in the second quarter of 2016, he added.-TradeArabia News Service




Tags: contract | Zamil Steel | saudi mall | Gulf Real Estate Company |

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