Sumou Real Estate signs basic infrastructure work contract

Sumou Real Estate 4 Jan infrastructureSumou Real Estate Company has inked a US$5.6mn construction contract to implement the first phase of the basic infrastructure works for the Souq Al-Nafe? project located in Mecca, Saudi Arabia

Spanning over an area of 1.321 million sq m, the project will be executed under a 12-month contract signed with the contractor Saif aljanoub Contracting Company, according to a bourse filing on Sunday.

The contract is expected to have a positive impact on the company?s results and revenues following the completion of the project and leasing its components.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W:

twn Are you sure that you want to switch to desktop version?