LADUN

22 July, 2024 15:41

Ladun Investment Co. announces that one of its subsidiaries "Built Industrial Company" has Project sign off with the Ministry of municipalities and housing- with a total value of 628,093,568.00 VAT included

Element ListExplanation
Introduction Ladun Investment Co. announces that one of its subsidiaries "Built Industrial Company" has Project sign off with the Ministry of municipalities and housing -to expand the ministry's headquarters in Riyadh
Date of Announcement of the Award 2024-01-24 Corresponding to 1445-07-12
Contract Subject Matter Expansion of the ministry's headquarters in Riyadh
The Entity with Which the Contract was Signed Ministry of municipalities and housing
Date of Signing the Contract 2024-07-22 Corresponding to 1446-01-16
Contract Value 628,093,568.00 SR including VAT
Contract Details An expansion of the current headquarters of the Ministry of municipalities and housing, this expansion is located within the campus of the ministry's headquarters located at the intersection of King Fahd Road and King Abdullah Road in Riyadh. The expansion consists of eight concrete floors, including two underground parking floors and connected to the existing building by a pedestrian bridge at the level of the third floor, and the project implementation includes all structural and architectural works, electrical and mechanical systems for buildings A, B and coordination of the general site according to the project documents of plans, specifications and schedules quantities
Contract Duration 48 months
Financial Impact and the Relevant Period Starts from the last quarter of 2024 and continues throughout the duration of the project
Related Parties non
Additional Information non

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