Saudi contractors secure more than $2.6bn in projects in July

RIYADH: Saudi Arabia’s contracting sector continued to see strong project activity in July, with the Saudi Contractors Authority reporting 11 projects worth more than SR9.75 billion ($2.60 billion) awarded during the month. The projects span building and construction, infrastructure, and water and energy, according to the SCA, as reported by Argaam. The awards bring the total number of initiatives secured since the start of the year to 97, with a combined value exceeding SR111.3 billion, as the Kingdom’s construction pipeline continues to expand under Vision 2030-linked development.

Raccontata daarabnews.com