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City of Knowledge signs 91M riyal infrastructure contract
Al Madinah Knowledge Economic City Company, through its subsidiary, signed a contract valued at approximately 91 million SAR with Salco Saudi Contracting Company to execute comprehensive infrastructure works for the southeastern area of the city. The contract includes site preparation, the construction of road networks, pavements, water supply, sewage systems, stormwater drainage, irrigation and fire-fighting systems, as well as electrical, lighting, and telecommunications networks, with a focus on central cooling systems to enhance energy efficiency. The specified implementation period is 24 months, with payments made based on actual progress, thereby increasing asset value and aiming to attract investments and execute developmental projects aligned with Saudi Arabia's Vision 2030.
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