Zamil Industrial unit lands Maersk contract
01 April 2023
Zamil Steel Construction Company, a wholly-owned subsidiary of Saudi-based business conglomerate Zamil Industrial Investment Company (Zamil Industrial), has secured a contract worth SR719 million ($195 million) from Maersk Arabia Logistics Services for the construction of multi-purpose warehouses as well as a logistics yard at the Jeddah Islamic Port.
This continues the company’s business development strategy of expanding into infrastructure development projects and logistics services that include the supply of HVAC systems, steel buildings and structures, insulation panels, and rockwool and fibreglass insulation materials.
The scope of work includes performing all work required for the construction of warehouses, offices, and loading areas, including structural, civil, finishing, and MEP work, said Zamil Industrial in its filing to the Saudi bourse Tadawul.
In addition, the company will supply various products, including HVAC systems, steel buildings and structures, insulation panels, and rockwool and fibreglass insulation materials, it stated. The project is due for completion by Q4 next year.
Solar panels will also be installed to generate approximately 15 MW of electrical energy, said the Saudi company.
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