Saudi Real Estate Co. (Al-Akaria) announces in a statement that its subsidiary Saudi Real Estate Infrastructure Company (Binyah) signed the Project with Royal Commission for Riyadh City.
The value of the contract is SAR 660.3 million.
The Project includes the Construction of “TSE Network for Green Riyadh Program – Group Eleven” “
Earlier, during September 2024, the company announces that it has awarded the project.(read more)
Binyah Company is one of the national companies specialized in implementing infrastructure development works, of which the Saudi Real Estate Company (Al Akaria) owns (60%). It specializes in constructing roads, streets, sidewalks and road supplies, constructing bridges and tunnels, laying oil and gas pipelines, constructing stations and main lines for water distribution, constructing sewage stations and projects, sewage networks and pumps, constructing port docks and marine construction, demolishing and removing buildings and others, enabling sites from (cutting, filling, Demolition & compaction) and networks extensions.