| Also Known As |
: |
CMA Tower |
| Country |
: |
Saudi Arabia |
| Project Value |
: |
USD 300,000,000 Estimated |
| Sector |
: |
Real Estate | Commercial |
|
Consultant |
: |
Jv of Omrania and Associates Architecture and Engineering Consultants, Hyder Consulting Middle East Limited and HOK International
(Design) |
|
PMC |
: |
Cyril Sweett
|
|
Contractor |
: |
Saudi Binladin Group
(Construction & MEP works) |
| Profile Type |
: |
Contract Project
|
| Associated Projects |
: |
Contract (9) |
|
Phase: Construction - Execution
|
|
Completion: Mar 2013
|
|
|
|
| Background |
The Capital Market Authority plans to build its headquarter at King Abdullah Financial District (KAFD), south of Riyadh Saudi Arabia. The project will cover an area of 185,000 sq.m. and will reach 385 m. high with 77 floors. The project is part of phase 2 of King Abdullah Financial District (KAFD). The JV of Omrania and AssociatedOmrania and Associated , HOKHOK and Hyder is the design consultant and Cyrill Sweet is the cost consultant and PMC. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Mar 2013 |
Completion | Project expected to be completed
|
|
| Latest Events |
In December 2011, the construction of the towers was still ongoing. In March 2013, the project is expected to be completed (delayed from H1 2012). |
| Previous Events |
In May 2010, construction started. In January 2010, the main construction contract including MEP works was awarded to Saudi Binladin Group. In November 2009, the design was completed. In September 2009, the Capital Market Authority (CMA) was under pre-qualification. In January 2009, the conceptual design was completed and the preliminary design started. In October 2008, the project was launched. |
| Scope of Work |
Construction of a 185,000 sq.m. tower with 380 m. height, 77 storeys including 3 basements. |
| Contract Packages |
| Type |
Project Name |
Contract Value |
 |
PPA - King Abdullah Financial District |
USD 7,800,000,000 |
 |
PPA - King Abdullah Financial District - Crystal Towers |
USD 166,000,000 |
 |
PPA - King Abdullah Financial District - GCC Bank Headquarters |
USD 55,120,000 |
 |
PPA - King Abdullah Financial District - Hotel and Office Towers |
USD 375,000,000 |
 |
PPA - King Abdullah Financial District - Infrastructure Package 1 |
- |
 |
PPA - King Abdullah Financial District - Infrastructure Package 2 |
USD 73,000,000 |
 |
PPA - King Abdullah Financial District - Monorail Network |
USD 241,000,000 |
 |
PPA - King Abdullah Financial District - Saudi Stock Exchange Headquarters |
USD 266,000,000 |
 |
PPA - King Abdullah Financial District - Science Museum and Geo-Climate Centre |
- |
 |
PPA - King Abdullah Financial District - World Trade Center |
USD 68,240,000 |
|
| Project News |
|
|
| Schedule | Contract Phase/Phase | Description |
| Oct 2008 |
Announcement | Project announced
|
| Jan 2009 |
Design | Conceptual design completed and preliminary design started
|
| Sep 2009 |
Construction | CMA under prequalification
|
| Q4 2009 |
Completion | Design completed
|
| Jan 2010 |
Construction | Main construction contract including MEP works awarded to Saudi Binladin Group
|
| May 2010 |
Construction | Construction started
|
| Mar 2013 |
Completion | Project expected to be completed
|
|
|
Key:
Master Project
Package Project
Contract Project
|
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