ROSHN awards $2.13bn contracts

ROSHN, a real estate developer backed by the Public Investment Fund (PIF), has signed seven agreements to develop various infrastructure and facilities in its different communities around the Kingdom of Saudi Arabia, Saudi Press Agency reported.

The combined value of the contracts is 8 billion Saudi riyals (USD 2.13 billion).

The Projects are related to develop various facilities across ROSHN communities, including developing and constructing housing units, infrastructure, schools, etc.

The contracts were awarded to following firms:

  • China Harbour Engineering Company
  • Shapoorji Pallonji & Company
  • Ansab General Contracting Company
  • Al Kifah Precast Company
  • Haif Company
  • CityScape
  • ABR Contracting

The signing ceremony took place on the sidelines of the Public Investment Fund and the Private Sector Forum held in Riyadh during the period from 14 to 15 March.