Ladun Investment unit wins Riyadh building contract
RIYADH, April 7, 2024
Saudi-based Ladun Investment Company has announced that one of its key subsidiaries - Built Industrial Company - has secured a contract worth SAR348.4 million ($93 million) from the Presidency of State Security for a major project in the kingdom's capital Riyadh.
As per the deal, Built Industrial Company will be providing architectural, electrical and mechanical works for a security building at the Naif Security Complex in Riyadh, said Ladun in its filing to Saudi bourse Tadawul.
The entire contract work will be completed within a two-year period, it added.-TradeArabia News Service
