Habtoor Leighton Group (HLG), in joint venture with TAV and Al Rajhi, have been awarded a $765 million contract in Saudi Arabia for the design and construction of a new maintenance, repair and overhaul facility (MRO) for Saudi Aerospace and Engineering Industries (SAEI).
HLG's share of the contract is worth SR573 million ($153 million). With this, the company's total orderbook backlog stands at Dh16 billion, its spokesperson told Gulf News.
The project is located within the King Abdulaziz International Airport in Jeddah, Saudi Arabia and is part of an overall SR27 billion ($7.2 billion) expansion plan to increase the airport's capacity from 13 million to 80 million passengers per year by 2035.
HLG CEO and Managing Director, Laurie Voyer, said this project was typical of some of the new work opportunities that HLG was pursuing in the region and reflected the Group's growth strategy to expand into new geographic markets.
Click here to read the entire article: