Punj Lloyd JV awarded contract by Saudi Kayan Petrochemical

24-Jul-07
Dayim Punj Lloyd Construction Contracting Co. Ltd. has won a US$79 mln contract from Saudi Kayan Petrochemical Company. Dayim Punj Lloyd is a joint venture company in which Punj Lloyd Ltd. holds 49% stake and the balance is held by Prince Khalid bin Bandar bin Sultan of Saudi Arabia. Under the contract, Dayim Punj Lloyd will construct various storage facilities in Saudi Arabia and the work is scheduled to be completed by Jan 2009.
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