Mabanee logo
Kuwait-based Mabanee Co. signed a contract for land drilling and support for The Avenues-Khobar project with HSSG Foundation Contracting, at a total value of SAR 67.16 million.
In a statement to Boursa Kuwait, Mabanee said that the contract is for an area of 197,000 square meters (sqm), expecting the drilling works to be completed in 12 months.
The Avenues-Khobar features a commercial complex, entertainment spaces, as well as towers that include hotels, apartments, offices, clinics and events halls, according to Argaam's data.
Mabanee’s Chief Executive Officer (CEO) Khalid Al-Sharian had earlier said he expects The Avenues-Riyadh and The Avenues-Khobar projects to be inaugurated in four years.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}