Garuda Construction & Engineering’s wholly owned subsidiary -- M/s. Dream City Builders (formerly known as Garuda Arabia) has entered into a Memorandum of Understanding (MoU) with M/s. Almasarat Company. The MoU is for proposed construction and development of a 93-storey landmark tower in Jeddah, Kingdom of Saudi Arabia. Envisioned as a distinctive 360-degree twisting tower, the development is proposed to feature panoramic sea views, a five-star hotel comprising around 350 rooms across the lower 14 floors, and a diamond-shaped rooftop restaurant on the 93rd floor.
Dream City Builders is expected to undertake the complete Engineering, Procurement and Construction (EPC) scope for the project, including construction, finishing and handover. The project has an area of around 1,53,451 square metres and project duration period of five years from commencement. The project is expected to generate around Rs 1,800 crore of revenue for Dream City Builders over the project period.
Garuda Construction & Engineering is civil construction and engineering company based in Mumbai. It provides end to end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects.
