Retal Urban Development Co awarded $93 million Contract

Retal Urban Development Company, Saudi Arabia announces signing of a contract to construct residential units in Al-Fursan district located in Riyadh city.

The value of the contract is SAR 349 million.

The contract was signed with Building Construction Company (Subsidiary).

As part of the contract, the company will construct 502 residential units in Riyadh city. The duration of the contract is 30 months.

Retal Urban Development is a subsidiary of Alfozan Holding based in AlKhobar, Saudi Arabia. Retal was founded in 2012, aiming to be the most iconic urban developer emerging from Saudi Arabia known for creating urban projects which enhance the quality of life through progressive concepts and lasting designs.

Retal provides urban development designs and concepts to meet the astonishing progress of Saudi society and their aspirations for a better, more serene and sustainable lifestyle.