The National, 11 August 2020, Sharjah-based property development company Arada plans to launch a Dh8 billion residential project, which will be constructed in stages.
The company's chief executive, Ahmed Alkhoshaibi, said the first phase of the new project, which will kick off in November and construction in the first quarter of next year, will be funded through a mix of debt, equity and sales.
Construction industry has always been the key industry of crane application. We always pay attention to the market changes in Saudi Arabia. In the past ten years of cooperation with Saudi customers, we can get some return orders from old customers every year. We also look forward to participating in the construction project.
Compared with other types of cranes, overhead cranes are easier to operate and easy to use in construction projects, and their energy-saving effect was once widely concerned by the market, which is in line with the national sustainable development policy and plays a great role in promoting the renewal of global construction machinery and equipment.
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