Sep 18 2012
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Habtoor Leighton Group Gets SAR1.18 Bln Saudi Health Ministry Contract
Tuesday, Sep 18, 2012
DUBAI (Zawya Dow Jones)--Dubai-based Habtoor Leighton Group, a joint venture between Leighton Holdings Ltd. (LEI.AU) and Al Habtoor Group, said it has been awarded a 1.18 billion Saudi riyal ($316 million) contract by Saudi Arabia's Ministry of Health for work at the King Fahad Medical City .
The project, referred to as PPNNCC, will be delivered in a joint venture with Al Latifia Trading and Contracting, HLG said in an emailed statement.
"PPNNCC, which involves the construction of new medical centers on the current King Fahad Medical City campus to integrate with existing medical facilities, is located in the center of Riyadh," it added.
"Saudi Arabia is our largest growth market, and this project underlines our ability to secure work there," said HLG CEO and Managing Director Laurie Voyer.
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