Retal Urban Development Company announced that it awarded a $100 million construction contract to one of its key subsidiaries, Building Construction Company, for a key project located in the Saudi capital Riyadh.
According to the agreement, Building Construction Company will oversee the development of 285 residential units in the Murcia zone of Riyadh’s Khozam. The project will be completed within 30 months and will be funded by off-plan sales and available facilities.