Saudi RCJY signs over $533mln deals in eight months

The Royal Commission for Jubail and Yanbu penned $41.44mln deals on roads in Jubail Industrial City

  
An Asian labourer works at the construction site of a building in Riyadh, Saudi Arabia August 2, 2016. Image used for illustrative purpose.

An Asian labourer works at the construction site of a building in Riyadh, Saudi Arabia August 2, 2016. Image used for illustrative purpose.

REUTERS/Faisal Al Nasser

Riyadh – The Royal Commission for Jubail and Yanbu (RCJY) has signed SAR 2.17 worth of contracts on developing the infrastructure in the cities under its authority during the past eight months.

From January to August 2019, the RCJY has inked deals amounting to SAR 347 million for designing and establishing the power transmission and distribution network in Yanbu Industrial City, the Royal Commission said on its official Twitter account on Monday.

Furthermore, the Saudi entity has penned SAR 155.41 million worth of contracts in the past eight months to develop the roads in Jubail Industrial City.

The RCJY has also signed agreements worth SAR 119.39 million to develop the facilities of Jubail Industrial College.

Source: Mubasher

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