On 26 March 2007, Sembawang Engineers
& Constructors (SEC), a subsidiary of Punj Lloyd has entered into agreement with
Riffa Golf & Residential Development Co of Kingdom of Bahrain to construct 325
villas of a residential community, Riffa Views, adjacent to the existing Riffa
Golf Club.
SEC along with its joint venture
partner, G.P. Zachariades, a prominent local contractor, will build 325 villas
under the Lagoons package. The value of the construction cost is Bahraini Dinar
45 million (Rs.542 crore).