Sumou Real Estate Company awarded $150 Million Contract

Sumou Real Estate Company, Saudi Arabia announces the signing of an agreement to develop and execute the infrastructure and Super structures works for Sedco Capital Sumou Al-Muqarr project in Madinah.

The value of the contract is SAR 562.4 million.

The agreement was signed with Sedco Capital Sumou Al-Muqarr Fund, represented by Jawharat Al-Ghura Real Estate Development Company.

As part of the contract, the company will Develop and execute the Infrastructure and Super structures for Sedco Capital Sumou Al-Muqarr Project in Medina, with a total area of 268,782.12 m².

The duration of the Project is 24 months.

Read Also: Sumou Real Estate Company awarded $181.1 million Makkah Gate Project

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SaudiGulf Projects – October 2025 Updates along with summary of Major Projects awards

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