JEDDAH: Arabian Construction Company (ACC), a leading construction company based in Lebanon and operating in Saudi Arabia, UAE, Qatar, Egypt, and Syria, has been awarded a SR2 billion contract to build Lamar Towers in Jeddah by Cayan, a regional player with a presence in Jeddah, Riyadh, Dubai and Cairo.
Commenting on the contract, Cayan Chairman Ahmed Alhatti, said: “Cayan is working very hard to ensure appointing only the very best companies for its projects. ACC is known for its experience in high-rise projects and skyscrapers; thus, awarding the contract for ACC will ensure that Lamar will be completed by a professional construction team that will not only deliver on time but also hand over a finished product that exceeds our clients’ expectations.”
The project is expected to be completed within 38 months from now, he said. Badr Al-Zahrani, chairman of Zahran Real Estate, said, “Due to its strategic location on Jeddah’s seaside, once completed the Lamar Commercial and Residential Towers project will offer a unique lifestyle at the highest level of living standards and remarkable posh housing. Awarding this SR2 billion project to ACC will ensure its completion on time with the highest expected standards, suitable for our demanding clients.”
ACC has been engaged in prestigious projects in the UAE consisting of mixed development projects and skyscrapers. Their experience in high-rise projects has been manifested by the current projects in hand. Lamar project consists of two stunning 60-story and 68-story residential towers with a 13-story commercial development curving its way in between.