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01 March 2024

Damac gives Kasktas project deal

By Staff Writer

Damac Properties has announced the appointment of Kasktas Arabia Ltd Construction to carry out enabling works at its Al-Jawharah residential project on the Jeddah Corniche.

The 40-storey tower will be located alongside the Red Sea. Damac Properties Chairman Hussain Sajwani said: "We are pleased to announce the signing of this agreement with Kasktas Arabia as our official enabling work contractor for Al Jawharah. This agreement will add a lot of value to our project portfolio. Kasktas Arabia has a very strong record for delivering top quality projects that adhere to global standards.

He added "the appointment of Kasktas comes after support by the Jeddah Municipality in the facilitation in obtaining required permits for the start of this project. Their guidance and input has assisted us greatly''.

Work to secure the site and undertake clearance of the land is now expected to commence in three weeks. Once enabling works have been completed, tenders to appoint the main contractor for construction will be reviewed and the successful contractor announced.

Suat Yildirim General Manager of Kasktas Arabia said "we are pleased to have been appointed as the enabling contractors for the Al Jawharah project. We are hoping to follow up this collaboration with many more projects in the future."