Hassan Allam subsidiary wins new Amaala Triple Bay contract
Earlier in the year, the firm’s Kortech subsidiary won a major contract for a medical wellness resort project within Amaala Triple Bay
Egypt-headquartered Hassan Allam Holding’s Saudi unit has won an additional contract for the Marina Hotel in Amaala Triple Bay. The contract outlines that the firm will handle civil construction, secondary infrastructure and in-ground services work.
The project is part of the hospitality package being developed in Amaala, which include the Four Seasons Hotel, Rosewood Residence and Hotel, Six Senses Residence and Hotel as well as the medical wellness resort located at Triple Bay.
“Expanding upon our initial scope of civil construction works covering a built-up area of 61,128sqm, our additional scope encompasses all secondary infrastructure and in-ground services for the Marina Hotel,” said a company spokesman.
The contract covers roads and paving, irrigation network, electrical MV network, ELV/ICT/GSM containment works, as well as all other utilities, alongside external signage and wayfinding installations. With a dedicated focus on Saudi Arabia, Hassan Allam Holding remains committed to contributing to the nation’s future by diversifying the economy, advancing tourism, and fostering innovation, he added.
Work is said to be moving at a steady pace at the Four Seasons property being developed by Red Sea Global. Hassan Allam is building the branded residences, hotel villas, and the main Four Seasons hotel in a joint venture with Rawabi Specialized Contracting, a subsidiary of Saudi-based Rawabi Holding Group.
He continued, “Our focus on our core markets remains resolute as we continue to strengthen economic diversification, fostering tourism, and championing innovation in line with our global expansion strategy.”
Earlier in the year, Hassan Allam said its subsidiary Kortech had won a major contract for a medical wellness resort project located within Amaala Triple Bay in a joint venture with Saudi electromechanical contractor Sharqawi. The project comprises a 75-key hotel, 13 branded residences and villas with a total built-up area of 175,000sqm.
The company noted that it is already working on the Rosewood Residence and Hotel in Amaala Triple Bay in partnership with Rawabi Specialized Contracting.
