Arabian Construction Company and Drake & Scull Construction Joint Venture Awarded SR2.7 billion Jabal Omar Development in KSA

The Joint Venture between Arabian Construction Company [2] Saudi Arabia and Drake & Scull Construction Saudi Arabia (DSC KSA), a wholly owned subsidiary of Drake & Scull International (DSI) PJSC, has been awarded a SR2.7 billion ($720m) contract to build phase three of the Jabal Omar development in Mecca. 

Under the terms of the Joint Venture agreement DSC share will be 50 % of the overall value of the contract.

The third phase of the Jabal Omar scheme will involve the construction of four hotel towers with a total built up area of 400,000 square meters. The Towers will also include 5 star and 3 star hotels. 

Additional details on the project and the official scope of works will be announced by DSC in the future.