|25 February, 2020

Abu Dhabi awards $653mln in infrastructure contracts for Riyadh City South project

The work awarded includes more than 6000 residential plots

Image used for illustrative purpose. Labourers work at the construction site of Abu Dhabi.

Image used for illustrative purpose. Labourers work at the construction site of Abu Dhabi.

REUTERS/Ben Job

LONDON  - Modon Properties and the Abu Dhabi Housing Authority have awarded infrastructure contracts for phases two and five of the Riyadh City South project, worth 2.374 billion UAE dirhams ($646 million), the emirate's media office said on Twitter.

The work awarded includes more than 6000 residential plots, a university and other buildings for the project located in Abu Dhabi, capital of the United Arab Emirates.

($1 = 3.6728 UAE dirham)

(Reporting by Nafisa Eltahir and Maher Chmaytelli; editing by David Evans) ((Nafisa.Eltahir@thomsonreuters.com; +971 56 226 1754;))