Shapoorji Pallonji wins $798mn SEVEN fun park ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Shapoorji Pallonji wins $798mn SEVEN fun park
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 24
Shapoorji Pallonji has secured a major contract from Saudi PIF-backed entity Saudi Entertainment Ventures (SEVEN) for the development of the first of 21 fun parks in the kingdom. As per the SR3bn ($797.7mn) deal, Shapoorji Pallonji will be responsible for the construction and management of the Al Hamra project leisure destination, which will occupy an area of more than 90,000sq. m. Strategically located at the intersection of the Eastern Ring Road and King Abdullah Road, the property will boast a built-up area of 167,000 sq. m. The Saudi PIF’s entertainment arm will be spending more than $13bn in creating 21 fun parks across 14 cities in the kingdom, which will in turn create jobs and boost

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