Joannou & Paraskevaides won SABIC employees housing complex contract

February 12, 2014 9:44 am

Saudi Basic Industries Corp (Sabic) has awarded Joannou & Paraskevaides (Saudi Arabia) the contract to build the Al-Waseel Hills Project, Sabic’s employee housing project in Riyadh, Saudi Gazette has reported. The project involves the construction of 685 residential units at the Shams Al-Riyadh site, including the infrastructure and landscaping along the Wadi Hanifa, which passes through the complex. To be completed in around three years, also includes mosques, schools, shopping centres, sports clubs and parking areas.