Yanpet Home Ownership Program

Project Particulars

  • Client : Saudi Yanbu Petrochemical Co. (Yanpet)
  • Consultant : Zuhair Fayez Partnership
  • Location : Madinat Yanbu Al-Sinaiyah, Saudi Arabia
  • Brief : Construction of 300 housing units and later
increased to 349 units. This is a continuation of Phase 1 with slight changes in the existing house types design.

Contract type :Lump Sum

    Bank Guarantees Bonds :
  • Bid Bond: 1%
  • Per Guar: 5%
  • ADV. PYT. GUAR: 10%

Original Contract Value (Dhs.): 420,381,900

Final Contract Value (Dhs.): on-going

Start Date:7/1/1994

Finish Date:12/1/1997