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FINANCIAL NEWS
Saudi’s Al Khodari to expand business in Bahrain
16 Mar 2013
(MENAFN) Saudi contracting firm Abdullah AM Al Khodari Sons Company has inked memorandums of understanding with two partners for construction projects in Bahrain, Arabian Business reported.
The firm is seeking to expand business in the neighbouring Gulf country through joint ventures to bid for major construction work.
Al Khodari said it has signed agreements with Six Construct Co Limited for the prequalification and the submittal jointly for the construction of phase one of the Muharraq Ring Road in Bahrain.
The two partners will also bid for the construction of Sheikh Khalifa Bin Salman Highway- Interchange 2 and the construction of roads at Madinat Hamad in Bahrain.
Al Khodari also said it has inked a pre-bid joint venture agreement with GP Zachariades (Overseas) Limited for the prequalification and the submittal jointly for the construction of schools in Bahrain.
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