Insider Business Lois Builders: New project of €17.6m in Saudi Arabia

Lois Builders: New project of €17.6m in Saudi Arabia

Lois Builders are getting ready to kick-off an ambitious project of €17.6 million in Saudi Arabia, according to INSIDER information.

This consists of a residential camp for employees located at Fadhili Gas Plant in Jubail.  The project involves 2000 villas, infrastructure work and all associated facilities.

The total surface area of construction by the Cypriot company for ‘Fadhili Bachelor Camp’ project is 124,000 sq. metres. And the number of staff to be employed will fluctuate from about 100 when the project kicks off in mid-April to a gradual peak of 800 within two to three months.

Lois Builders have pursued opportunities arising even outside the geographic ‘boundaries’ of Cyprus and also entered Saudi Arabia’s construction industry. Its subsidiary in the Kingdom has already successfully completed projects, thus establishing its presence in the country.

Specifically, the company has undertaken eleven projects so far, three of which continue to be active. These are: Dirab Airbase, SMC Central Kitchen and Fadhili Bachelor Camp.

In addition to the works in Saudi Arabia, the parent company of Lois Builders, which was founded in 1977 by Sotos Lois, has a total of 225 projects in its portfolio.

And it continues its successful path in the domestic market having recently completed and delivered successful projects such as the new passenger terminal at Limassol Port, the new Nicosia City Hall and Aglandjia Avenue which is a joint venture with Phoenix Constructions.

 

Read more:

 

https://in-cyprus.com/saudi-agrees-10-bln-china-refinery-deal-as-crown-prince-visits/

 

Top Stories

160 new cases of COVID-19 on Friday

The Health Ministry announced 160 new COVID-19 cases on 23 October, out of 4,327 laboratory tests, taking confirmed infections to 3,314. The break-down of new...

Health Ministry insists there is confirmed case among American Center staff

The Health Ministry replied to the denial of the American Medical Center regarding a confirmed case among its staff. In an announcement the Ministry noted...

Health Ministry replies to accusation about delay of the tracing unit

The tracing unit contacts the persons who have tested positive to COVID-19 as soon as it is informed by the relevant laboratories and the...

Professor of Microbiology concerned about asymptomatic patients

Dr Petros Karayiannis, Professor of Microbiology/Molecular Virology at the University of Nicosia Medical School, has expressed concern over the great number of private hospitals,...

30-year-old missing for seven months (PHOTO)

Police are looking for 30-year old NAKITA YASMEEN from the United Kingdom, whose traces have been lost since March 2020. Yasmeen’s disappearance was today...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...