Saudi’s Binyah Signs Agreement for Early Works of Expo 2030 Riyadh Project

Saudi Real Estate Co. (Al-Akaria ) announces that, one of its subsidiaries Saudi Real Estate Infrastructure Company (Binyah) has singed  a Framework Agreement with Expo 2030 Riyadh Company, a subsidiary of Public Investment Fund (PIF).

The agreement is to execute the Early Works for the Expo 2030 Riyadh project.

The Agreement scope includes demolition, earthworks and miscellaneous logistics activities to support the Project early works and site logistics. The duration of agreement is 04 years.

Binyah Company is one of the national companies specialized in implementing infrastructure development works, of which the Saudi Real Estate Company (Al Akaria) owns (60%). It specializes in constructing roads, streets, sidewalks and road supplies, constructing bridges and tunnels, laying oil and gas pipelines, constructing stations and main lines for water distribution, constructing sewage stations and projects, sewage networks and pumps, constructing port docks and marine construction, demolishing and removing buildings and others, enabling sites from (cutting, filling, Demolition & compaction) and networks extensions.