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Red Sea International Co. Announces Contract Sign Off with Larsen & Toubro


According to an announcement made on Saudi Stock Exchange – Tadawul, Red Sea International Company announces that it has finalized the signing of a contract with Larsen & Toubro Limited, which is a major technology, engineering, construction, manufacturing and financial services conglomerate, and has executed numerous key projects in various locations around the world.

The contract includes complete turnkey delivery of two (2) camps and office complex to support Larsen & Toubro Limited operations in Mansourah & Massarah Gold Project (MMGP). The agreement also involves executing civil works, supply of manufactured modular buildings, installation, and commissioning at the Larsen & Toubro MMGP site.
The project will span approximately seven (7) months, commencing on 15-09-2019, with completion and handover of the project forecasted for April 2020. The financial impact resulting from the project will be recognized over the period Q3 2019 to Q2 2020.

Red Sea International Company is a leading manufacturer of modular buildings in the GCC region with over 40 years experience in executive projects through the Middle East, Asia and Africa.

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