Client has signed a SAR 119.80 million contract with Mohammmad Al-Ojaimi Contracting Co. to carry out design, approval and implementation of ths project. The company announced, noting that contract duration is 17 months, not including the period required to obtain the approval of the competent authorities. The costs of this contract will be capitalized, and the cost of the executed works to be periodically added to the cost of the projects under implementation during the contract term, starting from Q1 2022.
Construction works are currently in progress at various stages.
Infrastructure development work is currently in progress on this scheme.
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