Construction & Real Estate

Hassan Allam JV lands big Red Sea hotel residences project

Leading Egyptian group Hassan Allam Holding has announced that its joint venture with Saudi-based Rawabi Specialized Contracting, has secured a major construction contract from multi-project developer Red Sea Global (RSG) for The Six Senses Residence And Hotel project in Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coast.
 
One of the largest companies in the Mena region, Hassan Allam Holding boasts more than 85 years of experience in the engineering, construction, and infrastructure spaces.
 
The company said the Six Senses Residence And Hotel project will be implemented through its key Saudi unit Hassan Allam Construction Saudi. 
 
A premium hospitality project in Saudi Arabia, the Six Senses Residence And Hotel will boast a range of branded residential units, hotel villas as well as the main hotel, with a total 41,000-sq-m build-up area within Triple Bay, a unique wellness destination at Amaala.
 
On the contract win, Hassan Allam Holding said it continues to expand globally with a regional footprint extending across eight countries, with Saudi Arabia at the forefront of its focus market. 
 
The company aims to deliver exceptional projects in adherence to the highest international quality and safety standards, it added.
 
This is the second major contract clinched by the Hassan Allam-Rawabi JV from the Red Sea Global - the first one being the Rosewood Residence and Hotel also at Amaala.
 
A key property of global luxury travel and lifestyle group, Rosewood Hotels & Resorts, will offer branded residences including villas and hotel villas as well as main hotel, with a total build-up area of 50,500 sq m.-TradeArabia News Service