Cayan awards Lamar Towers deal to Saudi Arabian Construction

15 October 2008

The local/Lebanon Saudi Arabian Construction Company has been awarded a SR2bn ($532m) construction contract for Lamar Towers in Jeddah.

The project consists of two towers on the corniche, one will be 60 floors and the other will be 68 floors, linked by a 13-floor commercial space. The taller tower is expected to reach 310 metres in height.

The UAE’s Cayan Investment & Development company is the client.

US-based Turner Construction is the project manager.

The companies originally prequalified for the work included the local El-Seif and Saudi Binladin Group, South-Korea's Samwhan Corporation, Dubai-based Arabtec, and Athens-based CCC (MEED 1:4:08).

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications