Saturday, 26 November 2011

Binladin Group gets huge loan for airport project - Transport - Zawya

Gulf News

Dubai Saudi Binladin GroupSaudi Binladin Group

Saudi Binladin Group
Binladen Brothers for Contracting and Industry
Saudi Arabia | Construction
 News | ProfileOfficers
» Research
» Projects
(SBGSBG
Saudi Binladin Group
Binladen Brothers for Contracting and Industry
Saudi Arabia | Construction
 News | ProfileOfficers
» Research
» Projects
), the kingdom’s largest civil contractor, yesterday signed an 8.5 billion Saudi riyal (Dh8.32 billion) syndicated finance package from a consortium of regional and international lenders that will help the company to execute a 27.1 billion-riyal project to develop and expand King Abdul Aziz International Airport (KAIA) in Jeddah.

IFS and sister company MEFAS are well positioned to help interested parties who can at the same time play a role in SBG's massive build programme. The Programme of works in the kingdom of Saudi Arabia outstrips the resource available by some way and companies such as SBG are constantly seeking support in their operations.

It is the stated aim of MEFAS to promote bi lateral trade between KSA and UK Europe in a number of markets that include Construction, Defence and homeland security, Motor sport and event overlay.

Please get in touch if we can be of use for your aim and ambition to operate in the region.

john.davy@mefas.co.uk

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