King Abdullah Economic City (KAEC) has announced the beginning of the construction and development works of its biggest residential camp for labors. The specially designed camp will occupy an area of 104,000 sqm with a capacity for housing more than 4,000 laborers who are working at different development projects in KAEC.
Namariq Arabian Services Co. Ltd., described as one of the most successful national companies specialized in the design and operation of workforce camps and hotels, and provision of specialized manpower, will implement the first phase, which is expected to be completed in 2016, out of two phases with a total investment of SR150 million.
Fahd Al-Rasheed, group CEO and MD of KAEC, said: “The new labor camp project is a continuation of KAEC’s residential successful accomplishments, to enhance the socio-economic development in Saudi Arabia.”
He reaffirmed that KAEC is determined to keep all its promises to offer an ideal working, residential and entertainment environment that fulfils the expectations of the city’s residents.
“When completed, the new camp will provide an attractive lifestyle and residential environment that meets all the needs of the laborers,” he added.
Hussein Fayez, MD, Namariq, expressing his appreciation of the cooperation offered by KAEC in facilitating this contract, said: “We are very pleased to be awarded the prestigious contract and chosen to be part of KAEC’s development.
Rest assured, we will implement the highest international standards for state-of-the-art urban architecture that KAEC follows in all its different projects.”
Fayez went on to affirm the company’s commitment to deliver the high quality and environment-friendly project.
KAEC covers 181 million sqm land and is being developed into a fully integrated city.
sponsored
Namariq invests SR150m to build labor camp in KAEC



