Qatar’s Estithmar wins two MEP contracts for 4 hotels in Saudi’s Red Sea project
- Date: 10-Jul-2023
- Source: Zawya
- Sector:Real Estate
- Country:Qatar
Qatar’s Estithmar wins two MEP contracts for 4 hotels in Saudi’s Red Sea project
Qatar-based Estithmar Holding said its subsidiary Elegancia Arabia Trading Company has been awarded two mechanical, electrical and plumbing (MEP) package works for four hotels in the Red Sea giga-project in Saudi Arabia. The contracts include West Hotel 3 and 4 (200 keys each) and two hotels on the East side (150 and 180 keys) on Shura Island, the company said in a statement. In April , Elegancia secured MEP contracts for three hotels on Shura Island. The development, which holds the LEED Platinum Rating, features a built-up area of 88,269-square metres. The Red Sea a regenerative tourism project developed by Red Sea Global, is spread over 28,000 square kilometres of pristine lands and waters, including a vast archipelago of more than 90 islands. Phase one, which includes 16 hotels, will complete in 2024, with the first hotel expected to open in 2023. (Writing by D Madhura; Editing by Anoop Menon) ( [email protected] )