Saudi Real Estate Co. awarded $51.2 million Construction Contract

Saudi Real Estate Co. announces the signing of a contract for the execution of the residential complex (Fai Sedra 1) in Sedra neighborhood – Roshn in Riyadh.

The value of the contract is 192,000,000 Saudi riyals.

The Project is related to Construction of a total number of 135 villas of various sizes starting from 250 square meters up to 600 square meters, on a land area of 43,468 square meters, with Rezaik Abdallah Algedrawy Company.

The duration of the contract is 24 months.

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