Saudi-based Cayan Group’s CMC Tower, being built at a cost of SAR 100 million in Riyadh, is nearing completion ahead of schedule, the developer said in a statement.
Construction on the 14-storey mixed-use commercial tower is progressing “at a steady rate,” with the enabling and structural packages completed ahead of schedule within three and six months respectively.
The structural package was awarded to Al Bawani Co, while the finishing package is now about to be awarded, Cayan Group said.
In an interview published last month, Alhatti told Argaam that most of Cayan’s Saudi projects are progressing as planned. Besides the CMC Tower, the developer is currently working on Samaya, a mixed-use residential compound, and it has just completed the Layaly Compound, also a residential project.
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