FINANCIAL NEWS

Jotun wins KAFD contract in Saudi Arabia

03 Jun 2010

(MENAFN) Jotun Paint said that it has secured a massive contract to paint the King Abdullah Financial District (KAFD), a state-of-the-art and fully self contained centre for doing business and facilitating investment and enterprise currently under construction in Riyadh.

The high profile undertaking, which will involve paintwork on the 3 million square meter-financial center, which is scheduled for completion by the end of 2013, is part of manufacturer?s aggressive growth strategy in the region.

Envisioned as part of the Kingdom?s overall economic diversification program, KAFD is being built by Hill International. It will have a total built-up area of 1.6 million sq. meters.

With aims to protect the structure from the elements and natural wear and tear, Jotun recommended its ?Fenomastic? range for the structure?s interiors and ?Jotashield? for the exteriors, with solvent-free ?Jotafloor? coatings to be used for the floors.

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