Kuala Lumpur, March 11, 2020 – Eversendai Corporation Berhad has been awarded RM490.1 million worth of projects in Morocco, Qatar and the Kingdom of Saudi Arabia. Eversendai’s outstanding construction order book currently stands at a near all-time high of RM2.69 billion.
The newly secured contracts include a 55-storey luxurious commercial tower project in Morocco, North Africa. In Qatar, the group secured two commercial towers in the heart of the Financial District, Lusail City Development, Doha. The construction industry in Qatar is expected to benefit from investments made in preparation for the 2022 FIFA World Cup and Qatar National Vision 2030. In the Kingdom of Saudi Arabia, the Group won a facility control centre and an administrative building project for a well-known metro station. The Kingdom’s economy appears to be the most active player in the Middle East construction sector.
Tan Sri A K Nathan, Executive Chairman and Group Managing Director of Eversendai Corporation Berhad said, “Our entry into North Africa is another testament of sustaining our fundamental values and capitalising on long established client relationships in delivering projects without compromise. We remain optimistic in the regions where we operate with many new opportunities in the pipeline”.
“Our world class expertise and our reputation as a world leader in the structural steel business with an excellent track record, has enabled us to take-on opportunities to further bolster our business and bring to life the works of engineering marvels,” he concluded.