Officials of Ma'aden Infrastructure Co. and Petrochemical and Mining Co. Ltd sign the SR294 million contract.JEDDAH: Ma'aden Infrastructure Company (MIC), a subsidiary of the Saudi Arabian Mining Company, Ma'aden signed Monday a SR294 million contract with Petrochemical and Mining Company Limited for engineering, procurement and construction services related to the second phase of accommodation infrastructure development at Ras Az Zawr. Engr. Abdullah Al Abdulgader, Chairman of MIC, said "the execution period of this contact will be around 28 months and this phase of infrastructure utilities includes a residential village comprising 2000 housing units, as well as administrative buildings, a mosque, restaurant, gyms, and water treatment unit on an area of about 580,000 square meters." He added that these housing units will accommodate employees of Ma'aden's aluminum joint venture with Alcoa. Eng. Khalid Al-Mudaifer, president & CEO of Ma'aden, highlighting the importance of progress on infrastructure at Ras Az Zawr, also commended the efforts of the government, through the Royal Commission of Jubail and Yanbu in backing such vital industrial facilities. He emphasized as well the importance of MIC's role in the successful delivery of a number of key elements of infrastructure in support of Ma'aden's mega projects at Ras Az Zawr.