| Work Detail |
Saudi Arabias Al Akaria Saudi Real Estate Co (Sreco) has awarded a $292m (SAR1.1bn) infrastructure contract for its 700ha Al Widyan development to Binyah.
The scope of works under the contract – expected to generate more than 2,000 jobs in Saudi Arabia – includes 80km of roads, 272km of power supply cabling, 250km of telecoms cabling, 100km or potable water pipework, and a 200km irrigation network, among other major works.
Binyah, a 60:40 joint venture between Sreco and Mohammad Ali Al Swailem Group (Masco), will be responsible for developing all of Al Widyan’s infrastructure.
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