Tameer, land consortium in alliance with Shoula awards Nikken Sekkei the master plan contract for Ajmakan Project in KSA

The agreement was signed by Mr. Karim Jabour, a representative for Tameer and Land Consortium and Mr. Takeshi Nakawaki, Senior Executive Officer of Nikken Sekkei Ltd.

Ajmakan is the first project to be launched by Tameer Holding in KSA after its alliance with Al Shoula and The Land, and represents the continuous efforts of the firm to execute mega-projects; of which, this will be one of the largest in KSA.

"I can't say anything except that I am so glad to see Ajmakan moving step by step towards completion, especially since this mega-project is the fruit of a special alliance between Al Shoula, The Land and Tameer. It represents the cooperation between UAE and KSA firms where large and leading projects are creating a huge benefit for both countries", said Mr. Omar Ayesh, president of Tameer Holding.

Ajmakan, that was launched last May, is one of the biggest real estate projects in Saudi Arabia and is located in Al Khuzama Quarter, one of Riyadh's most distinctive areas, on an area of around 1,750,000 square meters, with a total project value of about SR6bn.

The giant project comprises a fully integrated commercial zone with business centers, elite villas, palaces and a prestigious five-star hotel with advanced facilities. Furthermore, the commercial zone features a state of the art infrastructure, spacious streets, in addition to other services and facilities introduced to the Kingdom for the first time.

"The property boom KSA is experiencing, encourages us to develop mega projects, and is encouraging us to forge key alliances with huge firms in order for us to successfully compete. Ajmakan, by God willing, will be the gate for more mega projects that add value to the Kingdom's property market."

Nikken Sekkei Ltd., designer of Ajmakan Project's master plan, is one of the leading international architectural companies providing a complete line of services to support giant projects. These services include architectural design, urban planning, design and construction administration services and other common services such as survey, planning and general counseling.

The company is involved in executing a large number of projects for different countries all over the world, in both public and private sectors whether industrial, educational, cultural, medical or residential. To be crowned for its remarkable efforts for more than a century, Nikken Sekkei Ltd. was ranked as the number one architectural design firm world, ranking list in British architectural magazine, BD World Architecture Review, January 2007 issue.