Tuesday 22 January 2019

Al Rajhi unit seals Saudi shopping mall contract

RIYADH, January 2, 2018

Mabani Steel, a unit of leading Saudi business entity Al Rajhi Holding, has announced that it has been awarded a major contract to provide steel structure solutions for the Avenue Mall mega project in Jeddah.

The company is a major supplier of structural steel buildings under the Al Rajhi Building Solutions Group, one of the Middle East region’s premier construction companies.

Under the terms of the deal, the company will design, supply and install steel structure for the new mall, which is being positioned to be one of the biggest malls in Saudi Arabia and also the GCC region upon its completion in December 2020.

The scope of work includes developing the key parts within the interior and exterior sections of the mall, including main structural components of more than 13,000 tonnes.

Design for the steel structures are expected to be completed by this month, whereas fabrication is planned for completion in May. The installation at the work site is likely to be done by October as per the approved schedule and plan.

Dr Khalid Al Rajhi, the chairman of Al Rajhi Building Solutions Group, said: "We are proud to announce that Mabani Steel will be designing, supplying and installing the steel structures to be used across the King Avenue Mall project."

The mall, which occupies a 125,000-sq-m area, will house youth and family hubs, hotels, a central plaza, entertainment areas, food courts and large retail shops showcasing all global brands under one roof.

The structure of the mall is set to highlight a unique elliptic shape that gives the building a monumental, royal and luxurious identity.   

"This win reflects the continued confidence in the company as a world class provider of steel construction solutions that range from detailing to on-site erection along with maintenance and after sales services," he stated.

Adnan Deeb, the operations manager, Umm Al Qura and Al Nahla for Investment, said: "We have awarded the scope of supplying and erecting the steel structures for the King Avenue Mall project to Mabani Steel."

"We are confident that they will complete the task as per the schedule," observed Deeb.

"This new partnership signals the start of a longer business relationship - aiming to work together in other projects in Saudi Arabia that are aligned with the Kingdom’s Vision 2030 to strength the economy, while creating job opportunities for Saudi youth," he added.-TradeArabia News Service

Tags: Saudi | Al Rajhi | Shopping Mall |

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