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FINANCIAL NEWS
Saudi gov’t approves 15 projects worth USD353.33m
10 Sep 2015
(MENAFN) Saudi Transport Minister has signed 15 new deals for multiple ministry projects worth around USD353.33 million with some local firms for infrastructure work in various regions of the Kingdom.
These projects, the ministry stressed, were for various projects for which allocations had been made soon after announcement of the budget and a major step towards infrastructural development.
Among the agreements signed were with Alfaf Business and Contracting Company, on an agreement for repairs of 14 km of road in Al-Mahani and Asheera in Makkah Region in first phase.
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