Saudi company wins contract

Business, Main Stories

SAUDI Arabia-based Red Sea Housing Services (RSH), the world’s leading provider of remote site housing, has been awarded US$127.9 million ( K352 million) contract by Chiyoda-JC Joint Venture (CJCV), to build housing facility for LNG project.
The contract is specifically to build liquefaction and storage facilities and other housing facilities at Portion 152 near Papa and Lealea areas in Central province.
ExxonMobil has awarded the engineering contract to CJCV, a company specialised in multi-disciplinary and construction of major housing facilities to cater for Esso Highlands housing facilities.
CJCV then sub-contracted RSH to build the do the work.
In a statement released by RSH, construction is expected to be completed next November and will  accommodate the LNG project workforce.
Chairman of RSH Dr Majid Al Kassabi said: “We are pleased to have this opportunity to build a high-quality housing facility for the PNG gas project.
“This reflects our reputed expertise and commitment to provide the best and durable housing solutions for ExxonMobil Corporation”.
Don Summer, managing director of ASH, said awarding the new contract to RSH was based on the company’s reputation and craftsmanship spread out in different countries of the world including Africa.
Meanwhile, a local contractor who did not want to be named said it was a slap in the face for local contractor like him.
“It undermines the capabilities of local business,” he said.