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Gammon Saudi Arabia inks USD 3 billion deals in Rabigh
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Thursday, 01 Mar 2012

Arab News reported that a MoU was signed between Mr Mohammed Rafique chairman of Gammon Group and former Rabigh Government Mr Mohammed Barakah Ismail Al Ghaanami for the use of over 20 million square meters of land owned by Al Ghaanami.

Under this agreement, the Gammon Group of companies will design plan, finance and build a complete new city which will include hospitals, schools, residential villas, parks, playing areas, industrial areas, mosques, warehouses with latest advance technology including a petrochemical plant, and a tire manufacturing factory.

Mr Al Ghaanami said that this new city development will include a complete modern medical city to cater for the growing population and will include medical training facilities with an International medical group.

(Sourced from Arab News)

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