Construction work has begun on the women’s college at King Saud University in Riyadh, following the award of the SR8.8bn ($2.4bn) contract to the local Saudi Binladin Group in December.
The firm submitted the low-bid for the college in July to the Finance Ministry.
At least five firms submitted bids for the construction package, including Saudi Oger, Al-Rashid Trading & Contracting Company and Athens-based Consolidated Contractors International Company (CCC).
The scope of the contract covers the construction of up to 12 buildings on a 1.3-square-kilometre site in Riyadh.
Work is expected to take three years to complete.
Binladin recently secured a SR10bn contract for construction work at the new Princess Nourah bint Abdulrahman University for Women, also in Riyadh (MEED 1:2:09).
You might also like...
Contractors win Oman Etihad Rail packages
23 April 2024
Saudi market returns to growth
23 April 2024
Middle East contract awards: March 2024
23 April 2024
Swiss developer appoints Helvetia residences contractor
23 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
