India’s Shapoorji Pallonji has won the SR300m ($80m) contract to build Saudi Arabia’s Al-Abdulakarim Holding (AKH) new headquarters in Dammam.

The commercial tower will have a total built up area of about 65,000 square metres (sqm). The building will have 40 storeys of office space, as well as seven parking levels.

AKH awarded the contract on 10 January. Construction is due to be completed in 2016.

The design and engineering for the project was done by Dubai-based Dewan Architects & Engineers.