Knowledge Economic City awards $135mln MEP contract for Saudi mall project

Knowledge Economic City awards $135mln MEP contract for Saudi mall project

Saudi Arabia - Knowledge Economic City Company has awarded a SR507 million ($135 million) electromechanical and finishing works contract to Alsaad Company for its upcoming retail project, KEC Hub, located in the northern part of the KEC development. The scope of work includes electrical networks (different voltages), communication (ICT), panelboards, lighting, control systems, and alarm systems in addition to the setting up of lifts, elevators and escalators as well as the HVAC systems, piping for water supply and drainage, insulation and sanitary works, said KEC in its filing to the Saudi bourse Tadawul. The finishing works contract included those related to aluminum, elevations and facades, it stated. The KEC HUB project will be spread over a 450 m area on King Abdul-Aziz Highway. Its location is very strategic and vital since it links Prince Mohammed Bin Abdul-Aziz Airport in Madinah to the Main Mosque passing through the Haramain High Speed Railway station (HHR) and Knowledge Economic City. The first phase of the KEC HUB project, which will come up on a 65,000 sq m area, will provide a mix of hospitality, residential, commercial and entertainment elements to its residents. Being executed by Al Saad General Contracting, the Phase I comprises