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Projects Monitor 

Covering major construction projects in the Middle East
 
 
GOSI - Olaya Towers
Country : Saudi Arabia
Project Value : USD 235,000,000 Estimated
Sector : Real Estate | Commercial
Consultant : Zuhair Fayez Partnership (Design and engineering)
Contractor : Nesma and Partners Contracting Company Limited (Construction and MEP)
Profile Type :  Standalone Project
Phase:
Construction - Execution
Completion: H2 2012
 
 
Owner : General Organization for Social Insurance - Saudi ArabiaGeneral Organization for Social Insurance - Saudi ArabiaLoading... - Saudi Arabia
Location :
Riyadh, Saudi Arabia
Facility Type : Commercial towers
Capacity : Land area: 27,000 sq.m. 
Built up area: 210,778 sq.m. 
34 storeys and 36 storeys
Main Usage :  Office  
Background The General Organization for Social Insurance (GOSI)General Organization for Social Insurance (GOSI)Loading... plans to build Olaya Towers in Riyadh, Saudi Arabia.

The project will spread over 27,000 sq.m. with a 210,778 sq.m. built up area and will consist of two commercial towers of 34 and 36 storeys including a mezzanine, four basement levels and 2,000 parking spaces.

Zuhair FayezZuhair FayezLoading... is the engineering and design consultant.
Expected Events
Schedule Contract Phase/Phase Description
H2 2012 CompletionProject expected to be completed
Latest Events In October 2011, the construction of the towers was ongoing.

In H2 2012, the project is expected to be completed.
Previous Events In H2 2009, the construction of the towers started.

In May 2009, the design and engineering consultancy contract was awarded to Zuhair FayezZuhair FayezLoading... and the construction contract (including MEP) was awarded to Nesma and Partners Contracting Company LimitedNesma and Partners Contracting Company LimitedLoading....
Scope of Work Construction of two commercial towers of 34 and 36 storeys over 27,000 sq.m. including:
- a mezzanine
- four basement levels
- 2,000 parking spaces
Project News
03-May-2009 Nesma to Build 36-Story Twin Towers in Riyadh - Press Release

Project Schedule

ScheduleContract Phase/PhaseDescription
May 2009 ConsultantDesign and engineering ontract awarded to Zuhair FayezZuhair FayezLoading...
 ConstructionContract (including MEP) awarded to Nesma and Partners Contracting Company LimitedNesma and Partners Contracting Company LimitedLoading...
H2 2009 ConstructionConstruction started
H2 2012 CompletionProject expected to be completed

Project News

03-May-2009 Nesma to Build 36-Story Twin Towers in Riyadh - Press Release
 
General Organization for Social Insurance Building, King Fahed Abdulaziz Road, Old Airport Area, P.O. Box 2963, Riyadh 11461, Saudi Arabia, Riyadh
Tel: +966 1-808-7777 | Fax: +966 1-808-7000 | Email: gosi@gosi.com.sa | Website: http://www.gosi.gov.sa
  • Name: Mohammad Al Samhan
    Position: Director of Real Estate Investments
    Tel: +966 1-808-7620
 
Zuhair Fayez Partnership
Consultant - Design and engineering
Zuhair Fayez Partnership Building, Prince Sultan Street, Al Nahda Area, P.O. Box 5445, Jeddah 21422, Saudi Arabia, Makkah
Tel: +966 2-612-9999 | Fax: +966 2-612-9955 | Email: zfpj@zfp.com | Website: http://www.zfp.com
  • Name: Malek Sulaiman
    Position: Project Manager
    Tel: +966 1-476-3030
 
Nesma and Partners Contracting Company Limited
Contractor - Construction and MEP
Nemsa and Partners Contracting Company Building, Prince Majed Street, Al Khobar Corniche Area, P.O. Box 1498, Al Khobar 31952, Saudi Arabia, Al Sharqiyah
Tel: +966 3-897-1050 | Fax: +966 3-894-7825 | Email: marketing.np@nesma.com | Website: http://www.nesma-partners.com
  • Name: Medhat Saadeddine
    Position: Project Manager
    Tel: +966 1-463-4894
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