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FINANCIAL NEWS
RCJY inks USD239m projects with two Saudi contractors
14 Oct 2012
(MENAFN) The Royal Commission for Jubail and Yanbu (RCJY) inked two contracts worth USD239.4 million to undergo infrastructure projects in Jubail Industrial City, Arab News reported.
Prince Saud bin Abdullah bin Thunyyan, chairman of RCJY signed the contracts with Al-Kifah and Al-Asis Contracting Companies. Both contracts are scheduled to be implemented in 38 months.
The projects include the construction of 540 housing units, two mosques and associated works in the Jalmuda district, Jubail Industrial City.
The scope of work includes site preparation, earthwork, excavation and back-filling works, the preparation of rainwater, sanitation, drinking water, and irrigation networks, the procurement and installation of fire-fighting systems, power and telecommunication cables, the development of an IP-based TV transmission system, in addition to gardening and landscaping.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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