A joint venture between Arabian Construction Company Saudi Arabia and Drake & Scull Construction Saudi Arabia (DSC KSA), a wholly-owned subsidiary of Drake & Scull International (DSI), has been awarded a SR2.7-billion ($720 million) contract to build Phase Three of the Jabal Omar development in Makkah, Saudi Arabia.

Under the terms of the joint venture agreement, DSC’s share will be 50 per cent of the overall value of the contract.

The third phase of the Jabal Omar scheme will involve the construction of four hotel towers including five-star and three-star facilities with a total built-up area of 400,000 sq m.