$32mn contract deal for first Economic City school

EDUCATION DEAL: An artist's impression of the school planned for King Abdullah Economic City in Saudi Arabia. (Supplied)

Emaar Economic City (Emaar EC) has awarded Freyssinet Saudi Arabia a 120 million Saudi riyals ($32 million) contract for the construction of the first school within King Abdullah Economic City, the developer announced on Wednesday.

Spanning 16,928 square metres, the state-of-the-art school will accommodate up to 1,000 students of different grades, with the first phase of the project scheduled for completion in August 2009 in time for the new school year, Emaar EC, a Saudi unit of Dubai’s Emaar Properties, said.

It will be built by the local contractor within the Esmeralda district of the city near the Esmeralda Mall and Community Centre.

Located within Saudi Arabia on the Red Sea coast, the 168 million square metre city has six key zones: the Sea Port, Industrial Zone, Central Business District, Educational Zone, Resort Zone and Residential Communities.

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