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Rawasi Albina Investment Company Announces the Signing of a Contract with Al-Fahd Trading, Industrial and Contracting Company

Rawasi Albina Investment Company announces that it signed a contract with Al-Fahd Trading, Industrial and Contracting Company on October 10, 2023, to carry out infrastructure works for the Al-Irsal 51 Land Project in Riyadh, a project of the National Housing Company. The contract has a total value of SAR 10,551,737.60, including VAT.

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Details

Introduction

Rawasi Albina Investment Company announces that it signed a contract with Al-Fahd Trading, Industrial and Contracting Company on October 10, 2023, to carry out infrastructure works for the Al-Irsal 51 Land Project in Riyadh, a project of the National Housing Company. The contract has a total value of SAR 10,551,737.60, including VAT.

Contract Award Date

25/03/1445H, corresponding to October 10, 2023

Contract Subject

Execution of infrastructure works for the Al-Irsal 51 Land Project in Riyadh

Contract Signing Date

25/03/1445H, corresponding to October 10, 2023

Contract Value

SAR 10,551,737.60, including VAT

Contract Details

Execution of infrastructure works for the Al-Irsal 51 Land Project in Riyadh

Contract Duration

Five months

Financial Impact and Relevant Period

The financial impact may be reflected from the second half of 2023 through the first quarter of 2024.

Related Parties

None

Source: https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=91&anId=76194&cs=9547&locale=ar

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