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Enabling works contract worth $99.5mn awarded for Diriyah Gate

Specialised in implementing infrastructure development works, Binyah, will work on the Diriyah Gate contract for 548 days

By Angitha Pradeep
Angitha Pradeep by Angitha Pradeep

Saudi Real Estate Company (Al Akaria) has secured a major contract from Diriyah Gate Company Limited for the developer’s DG II area.

In a stock market filing on Tadawul, Al Akaria announced that the project was awarded to one of its subsidiaries, Saudi Real Estate Infrastructure Company (Binyah). The value of the contract is $99.5 million (SAR373.9 million).

As part of the contract, Binyah will execute the enabling works at DG II area, which includes preparing the site, earthworks — covering excavation, backfilling, demolition and compaction, and land leveling — as well as associated works. 

Specialised in implementing infrastructure development works, Binyah, will work on the contract for 548 days.

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  • Angitha Pradeep

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Angitha Pradeep

Angitha Pradeep

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type...