Wednesday 17 July 2019
 
»
 
»
MAJOR INFRASTRUCTURE BOOST

Saudi Arabia awards $1.2bn road maintenance contracts

RIYADH, June 14, 2019

Saudi Arabia has awarded 110 contracts worth more than SR4.3 billion ($1.2 billion) to several local companies mainly for building a good road infrastructure in the kingdom, said a report.

Transport Minister Nabeel Al Amoudi attended a signing ceremony in Riyadh for operation, maintenance and cleaning contracts for roads throughout the kingdom for the period 2019-2022, reported Arab News.

"These 110 contracts cater to the needs of each region and are aimed at promoting road safety and maintenance," stated Al Amoudi.

The ministry has developed and upgraded contracts, and established performance indicators to meet the Saudi leadership’s expectations, he added.




Tags:

More Construction & Real Estate Stories

calendarCalendar of Events

Ads