The joint venture between the subsidiary of Saudi Real Estate Company (Al Akaria), Saudi Arabia Real Estate Infrastructure & Construction Company (Binyah), and InfraRoad Trading & Contracting has signed infrastructure packages contracts with client valued at 2.29 billion Saudi riyals ($610.49 million). The contracts include developing the main infrastructure networks and bridges for Qiddiya Resort Core, including the primary and secondary roads, utility networks, utility culverts, pedestrian bridges, and storm drainage channels. The deal also includes the design, construction, testing and commissioning of a sewage treatment plant, irrigation water storage tanks, a pump station, a potable water storage tank and a solid waste transfer hub. The duration of the contracts is 22 months.
Construction work is currently in progress on this scheme.
Work is progressing smoothly as per schedule on this project.
March
13
2024
Wednesday
LAST UPDATED
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