ACC awarded Emaar Square contract
Deal covers three buildings in Jeddah Gate development
Arabian Construction Company (ACC) has been awarded a contract to develop Emaar Square within the iconic Jeddah Gate in Saudi Arabia.
The deal covers three buildings that form part of Emaar Square. Work is to start this summer with handover of the first offices scheduled for 2016.
Fred Durie, chief executive officer, Emaar International, signed the contract with Ziad Najjar, branch manager, ACC Saudi Arabia.
“Once again, ACC has had its impressive construction and development credentials recognised with the awarding of a major GCC contract,” said Maher Merehbi, CEO, ACC.
“ACC has already partnered with Emaar in UAE, Egypt and other countries in the region and we are delighted to extend our relationship with them to cover their operations in Saudi Arabia. We will be drawing on our expertise in infrastructure, civil works construction and value engineering for the project and are committed to delivering it to the incredibly high standards that Emaar is renowned for,” he added.
Emaar Square is set to be the most prestigious commercial real estate development in Jeddah and an integral part of Jeddah Gate, Emaar Middle East’s flagship master-planned community in the city.
Set around the Crescent Plaza, a vibrant retail and lifestyle hub in Jeddah Gate, Emaar Square has been tailored to meet the growing demand for premium commercial real estate in the bustling city of Jeddah.
Durie said: “Arabian Construction Company has a strong track-record in undertaking large-scale projects and we are delighted to partner with the company to accomplish our new project as per the time schedule."
ACC adds Emaar Square, Jeddah Gate to its growing portfolio of major development projects in Saudi Arabia. The organisation is currently engaged in constructing phase three of the Jabal Omar development in Makkah, which comprises four hotel towers and a podium with a total built up area of 400,000m2. It is building the SIBCO Mega Plant, a soft drinks and juices factory in Jeddah 2 Industrial City, as well as the MIG Tower, a commercial development in Riyadh. It is also constructing the Al Othman Mosque, which is located in Al Kharj, a city south of the capital.
ACC’s relationship with Emaar has also been extended in its home GCC state of the UAE. The company has been awarded two new Emaar contracts located in the Downtown Burj Khalifa area of Dubai, the details of which are due to be announced shortly.
“ACC’s long track record of delivering premium construction projects in the GCC and wider Middle East makes it one of the leading construction companies in the region,” said Najjar.
“We have a huge amount of experience and a high degree of expertise in working on complex projects that have been designed to world-class standards. We are extremely happy to be working with Emaar to help create their vision of a prestigious commercial and lifestyle development in Jeddah Gate,” he added.