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Article: Emaar, The Economic City awards SR147 million contract
- Article from:
- Al Bawaba
- Article date:
- November 6, 2008
CopyrightCopyright 2008 Al Bawaba. Provided by ProQuest LLC. (Hide copyright information)
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Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company
developing King Abdullah Economic City (KAEC), has awarded a SR147
million development contract to Rabya Trading & Agriculture Co. for
developing a world-class golf course in the Esmeralda residential
suburb within KAEC. The work is scheduled for completion within a
year.
Mr Fahd Al-Rasheed, Board Member and Chief Executive Officer,
Emaar.E.C and Mr Samir Karidia, of Rabya Trading & Agriculture Co.
recently signed the agreement in Jeddah.
The contract covers the construction of a golf course stretching
over 780,000 sq m of land and consists of various utilities to be
constructed in accordance to international standards and in ...