Business
Mabani Steel Wins Steel Structure Contract for King Avenue Mall Megaproject
Mabani Steel, a major provider of Structural Steel Structures under the Al Rajhi Building Solutions Group, one of the Middle East region's leading construction firms and a part of Al Rajhi Holding, a leading business entity from the Kingdom of Saudi Arabia (KSA), has exposed a contract win to give steel framework remedies for the Method Mall megaproject. Under the terms of the agreement, the company will certainly design, supply and install steel structure for the new shopping mall, which is being placed to be one of the biggest malls in the KSA and the GCC region upon its completion in December 2020.
The scope of work covers key components within the exterior and interior areas of the mall, including major architectural parts of greater than 13,000 MT. Design for the steel structures are anticipated to be finished by January 2018, whereas fabrication is intended to be finished by May 2018 and installment at the job site to be done by October 2018 according to the accepted schedule and plan.
Dr. Khalid Al Rajhi, Chairman, Al Rajhi Structure Solutions Group, said, "We are happy to introduce that Mabani Steel will be developing, supplying and setting up the steel frameworks to be utilized across the King Opportunity Mall megaproject in the KSA. This contract win shows the ongoing confidence in the company as a world class carrier of steel construction services that range from specificing to on-site erection along with upkeep and after sales services."
The King Avenue Mall, which inhabits an area of 125,000 square meters, will house youth & family members hubs, resorts, a main plaza, home entertainment areas, food courts and huge retail stores showcasing all global brand names under one roofing system. The structure of the shopping center is set to highlight a unique elliptic shape that offers the building a significant, imperial and luxurious identity.
"We have awarded the scope of supplying and erecting the steel frameworks for the King Method Mall project to Mabani Steel. We are certain that they will complete the job as per the schedule. This new partnership signals the begin of a much longer business relationship - aiming to collaborate in various other jobs in Saudi Arabia that are straightened with the Kingdom's Vision 2030 to strength the economic situation, while developing job chances for Saudi young people," wrapped up Adnan Deeb, Workflow Manager, Umm Al Qura & Al Nahla Financial Investment.