ArabianBusiness.com - Middle East Business News
Friday, 27 November 2009 01:45 UAE time

YOUR DIRECTORY /

| Share |

Drake & Scull wins $144mn Saudi MEP deal

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 15 June 2009
LAMAR TOWERS: Drake & Scull has won a utility contract for the development in Jeddah.

Drake & Scull Saudi Arabia, the construction and engineering contractor, has won a SAR540 million (US $144 million) MEP contract for a luxury project in the Kingdom.

The contract is to provide mechanical, electrical and plumbing services for Cayan Investment and Development's project, Lamar Towers, in Jeddah.

Drake & Scull Saudi Arabian unit already has a SAR 750 million contract with Saudi Aramco, Bloomberg reported.


Story continues below
advertisement

Lamar Towers consists of two 60 and 68-storey residential towers with a 13-storey commercial development in between. The project is expected to take three years to complete.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Drake & Scull

  2. Construction & Industry


Tell us your story

READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 19
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 05
    26 Nov ' 09 at 21:36
    Comn' AB is a yo-yo when it comes to news.People forecasting good and then bad. Good and bad and then some more "experts" saying...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM