Bin Ladin wins Emaar resi job

Saudi Bin Ladin Group has been awarded a contract to build the first residential apartments on Emaar EC's US $26.8 billion (SR100 billion) King Abdullah Economic City (KAEC) project in Saudi Arabia.

The contract involves the construction of 1,040 modern apartments with all supporting services and landscaping.

KAEC is spread over 168 million m2 along the Red Sea coast. It features six key components: the Sea Port, Industrial Zone, Central Business District (including the Financial District), Resort District, Educational Zone and the Residential Community.

The Residential Community will also have retail components and a range of amenities including schools, promenades, health and fitness facilities, children's play area, barbecue areas and swimming pools.

An integral part of the community is a mosque with an open plaza.

"Saudi Bin Ladin Group has proven expertise in projects that demand efficiency in terms of build quality and timely delivery," said Abdulraouf Al Mannaa, managing director, Emaar EC.

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