KAEC awards $11.6mn contract for park

Contract includes development of Juman Park as well as promenade

NEWS, Business, Construction, Contract, King abdullah economic city

King Abdullah Economic City (KAEC) has awarded New Job Contractors Establishment a contract worth $11.6mn (SR43.5mn) for the development and landscaping of Juman Park.

The contract also includes the construction of the adjacent canal promenade at Bay La Sun.

"Juman Park is designed to be a special public amenity and we are very pleased to place this major project in the very capable hands of New Job," stated Fahd Al-Rasheed, managing director and CEO of KAEC.

"The park is designed to elevate the city experience for residents and visitors alike, it adds to the dynamic lifestyle in the Bay La Sun district which offers the very best of the work, live and relax model."

Juman Park and Promenade spans over 55,000m2 with facilities including private recreational areas, play zones for children, an amphitheatre, multi-sports courts.

In response, Fahad Almutawa, managing director of New Job contracting company, stated: "Our Company is very pleased to be awarded the prestigious contract, which reflects KAEC's confidence in our performance based on the long lasting partnership we have established with King Abdullah Economic City."

Almutawa went on to affirm the company's commitment as contractor to deliver the high quality project in the given time.

The project is scheduled for completion in 2015.

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