Saudi BLOMINVEST and Maskan Arabia signed contracts for the first, second and third phases to develop the entire project of BLOMINVEST-MASKAN ARABIA REAL ESTATE DEVELOPMENT FUND in northern Riyadh, which is intended for the building of 292 residential units worth 475 million riyals.
These contracts include the implementation of all infrastructure utilities, construction and electro-mechanic works, and the finishing works of the project.
CEO of BLOMINVEST Abdullah Al-Rashoud and CEO of Maskan Arabia Eng. Hossam AL Rashoudi signed the contracts on behalf of the two companies. These phases include digging and preparing the land of the project, construction and electro-mechanic works, as well as the finishing works. The project has quality advantages, making it the leading housing project in terms of location, quality and durable construction and elegant design.
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