Ladun’s subsidiary awarded SAR 120.5m project agreement

Riyadh – Mubasher: Built Industrial Company, a fully-owned subsidiary of Ladun Investment Company was awarded a SAR 120.57 million project contract from the Royal Commission for Jubail and Yanbu (RCJY).

The project covers all the necessary work to build buildings and warehouses for the operations and maintenance departments in Jazan city, according to a bourse disclosure.

It also includes green spaces and site development per competition drawings and documents to produce a complete functional and operational facility.

The unit was awarded the deal on 9 July 2024 and is expected to sign the agreement on 16 October.

In June, Ladun penned a SAR 107.96 million deal with the Real Estate Development Fund.

Mubasher Contribution Time: 22-Jul-2024 12:32 (GMT)
Mubasher Last Update Time: 22-Jul-2024 12:32 (GMT)