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Dubai, November 06, 2013 - Aqaba Development Corporation (ADC) has awarded BAM International, the operating company of Royal BAM Group active outside of Europe, a design and construct contract to build the Aqaba New Liquefied Natural Gas (LNG) Terminal, 18 kilometres south of Aqaba. The contract value is approximately € 47 million. The contract includes the design and construction of an LNG jetty with approach trestle, including the mechanical, engineering and piping services. BAM International and its local joint venture partner MAG Engineering & Contracting Co. will complete this project in 15 months. The civil works are designed by BAM's engineering company DMC. The LNG Terminal forms part of ADC's plan for developing Aqaba's Energy Ports. The Government has tasked ADC to develop Jordan's energy intake capabilities to ensure a consistent supply of energy fuels such as oil, LNG and LPG. BAM has recently completed the extension of Aqaba Container Terminal (for APMT and ADC) just north of this new LNG Terminal, a key development in Jordan. More south BAM is currently building the quay wall (scheduled for completion early 2014) for the Aqaba New Port project, a second port in line with the country's economic master plan. About BAM International: BAM International, as the company is known outside of Europe, is the worldwide operating construction company of the Dutch based Royal BAM Group. Founded in 1869, Royal BAM Group is now market leader in the Netherlands and one of the largest European construction firms with leading market positions in the United Kingdom, Ireland, Belgium and Germany. Royal BAM Group is active in the sectors construction and M&E services, civil engineering, property and public-private partnerships. BAM International offers a complete range of services in all fields of construction. Its expertise is management of design teams and execution of marine, infrastructural, industrial and building projects outside Europe. The company incorporates a network of regional offices covering large parts of the Middle East/Gulf States area, which allows the company to offer personalised design and construction services to local clients. BAM International has operated in the Middle East and Gulf States since the early seventies and was formerly known as Interbeton and Higgs & Hill. The company has built power plants and hotels in Abu Dhabi, ports in Qatar and Oman and high rise buildings in Dubai and Qatar. Recently completed projects include a large complex of offices, hotel and apartments in Dubai, jetty extensions in Qatar and Fujairah, luxury hotels in Abu Dhabi, as well as a high rise office tower and a large office and apartment complex in Qatar.
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