SAJCO wins $190m major roads and bridges contract at Qiddiya
Saudi Arabia’s Qiddiya Investment Company (QIC) has revealed that it has awarded a $190m (SAR 700m) contract for the construction of its major road and bridges to local contractor Shibh Al-Jazira Contracting Co (SAJCO).
Scheduled to be completed by May 2023, the contract will involve 45km of roads and seven bridges to be constructed across the 366km2 entertainment city.
Qiddiya, which is chaired by Saudi Arabia’s Crown Prince HRH Mohammed bin Salman bin Abdulaziz Al Saud and backed by the kingdom’s sovereign Public Investment Fund (PIF), confirmed the news in a promotional video across its social media platforms.
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