Hassan Allam Holding, a privately held engineering and construction firm led by Egyptian businessmen Hassan Allam, has recently announced that its subsidiary, Hassan Allam Construction Saudi, has been awarded the civil construction works for the prestigious Rosewood Residence and Hotel in Amaala’s Triple Bay.
This is a significant milestone for Hassan Allam Construction Saudi, which is a joint venture between the Hassan Allam-led group and Rawabi Specialised Contracting, a subsidiary of Rawabi Holding Group.
The Rosewood Residence and Hotel project comprises Branded Residences Villas, Hotel Villas, and the Main Hotel, with a total build-up area of 50,500 square meters.
The first phase of the project, which is focused on the Triple Bay masterplan, is expected to open in 2024 and will consist of eight resorts offering upwards of 1,200 hotel keys.
The project’s scope of work includes all civil construction works, which include the foundations, superstructures, finishes, and MEP works.
This highlights the firm’s reputation, expertise, and commitment to delivering high-quality projects that meet the needs of clients and contribute to the economic development of the region.
It’s worth noting that Hassan Allam Holding is a highly reputable company in the engineering, procurement, construction, building materials, and utilities industries.
With over 80 years of experience, it is one of the largest privately held corporations in Egypt, North Africa, and the Middle East.
The company, co-led by the visionary businessman Allam and his brother Amr Allam, has amassed a wealth of experience and expertise over the years and has grown exponentially under their leadership, with a strong track record of executing projects across various sectors, including residential, commercial, industrial, and infrastructure.
With a construction backlog of more than $2.8 billion, Hassan Allam Holding has established itself as a major player in the industry and continues to drive growth and deliver large-scale projects that contribute to the economic development of the region.
