Hassan Allam unit wins Amaala Triple Bay hotel contract
RIYADH, April 17, 2024
Hassan Allam Holding, a major engineering and construction company in Egypt, has announced that its Saudi unit has secured an additional contract for the Marina Hotel in Amaala Triple Bay, situated along the kingdom's western coast.
As per the deal, Hassan Allam Construction Saudi will be taking care of the civil construction, secondary infrastructure and inground services work.
"Expanding upon our initial scope of civil construction works covering a built-up area of 61,128 sq m, our additional scope encompasses all secondary infrastructure and inground services for the Marina Hotel," said a company spokesman.
This includes roads and paving, irrigation network, electrical MV network, ELV/ICT/GSM containment works, as well as all other utilities, alongside external signage and wayfinding installations, he stated.
With a dedicated focus on Saudi Arabia, Hassan Allam Holding remains committed to contributing to the nation’s future by diversifying the economy, advancing tourism, and fostering innovation, he added.
This project comes as part of ongoing hospitality projects in Amaala, which include the Four Seasons Hotel, Rosewood Residence and Hotel, Six Senses Residence and Hotel as well as the medical wellness resort located at Triple Bay.
According to the Egyptian builder, work is moving at a steady pace at the Four Seasons property being developed by Red Sea Global.
Hassan Allam Holding is constructing the branded residences, hotel villas, and the main Four Seasons hotel in a joint venture with Rawabi Specialized Contracting, a subsidiary of Saudi-based Rawabi Holding Group.
"Our focus on our core markets remains resolute as we continue to strengthen economic diversification, fostering tourism, and championing innovation in line with our global expansion strategy," said a company spokesman.
Hassan Allam had early this year announced that it key subsidiary Kortech had won a major contract for a medical wellness resort project located within Amaala Triple Bay in a joint venture with Saudi electromechanical contractor Sharqawi.
The project comprises a 75-key hotel, 13 branded residences and villas with a total built-up area of 175,000 sq m.
The Egyptian group is already working on the Rosewood Residence and Hotel in Amaala Triple Bay in partnership with Rawabi Specialized Contracting.
On completion, the hotel will boast branded residences villas, hotel villas as well as the main Rosewood hotel with a total build-up area of 50,500 sq m.
It is also working on the Six Senses Residence and Hotel project at Triple Bay for The Red Sea Global.
The project consists of branded residential villas, hotel villas and the Six Senses hotel, with a total build-up area of 41,000 sq m2.-TradeArabia News Service
