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Arabtec Construction, L.L.C. > Media Centre > News Detail

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	Arabtec Saudi Arabia is Awarded a Contract to Build LAMAR Towers in Jeddah with a Total Contract Value of Saudi Riyal 2 Billion

Posted on 11 June 2009

Arabtec Saudi Arabia has received today a Letter of Award to build the Lamar Towers in Jeddah in the Kingdom of Saudi Arabia with a total contract value of Saudi Riyal 2 Billion. The Lamar Towers Project is an important strategic high rise luxury project on the Jeddah Sea Front Courniche and consists of two towers of 60 and 68 Floors respectively, and incorporates residential and commercial units, and a shopping mall. The main investor in the project is Zahran Real Estate Company while the main developer is Cayan Investment & Development Company. The project will take 36 months to complete but will start immediately since the major enabling and site preparations works have already been completed.

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