‎SAL signs SAR 233M contract to develop 2nd phase of Jeddah’s ground handling terminal

‎SAL signs SAR 233M contract to develop 2nd phase of Jeddah’s ground handling terminal ‎SAL signs SAR 233M contract to develop 2nd phase of Jeddah’s ground handling terminal

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A SAL Saudi Logistics Services Co.’s facility

SAL Saudi Logistics Services Co. signed Jan. 8, a contract with Contracting Construction Enterprises Co. (CCE) to carry out the construction works for the development of the SAL terminal at King Abdulaziz International Airport (KAIA) in Jeddah, with a total value of SAR 233 million, excluding value-added tax (VAT).
According to SAL statement on Tadawul, the contract scope for the second phase of the SAL Jeddah terminal development project includes new construction works, upgrades to existing facilities, supporting utilities, and infrastructure, in accordance with the approved designs and specifications.
The project will be financed through Shariah-compliant banking facilities, the company’s available cash liquidity, and other available financing programs.

 

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A SAL Saudi Logistics Services Co.’s facility

SAL Saudi Logistics Services Co. signed Jan. 8, a contract with Contracting Construction Enterprises Co. (CCE) to carry out the construction works for the development of the SAL terminal at King Abdulaziz International Airport (KAIA) in Jeddah, with a total value of SAR 233 million, excluding value-added tax (VAT).
According to SAL statement on Tadawul, the contract scope for the second phase of the SAL Jeddah terminal development project includes new construction works, upgrades to existing facilities, supporting utilities, and infrastructure, in accordance with the approved designs and specifications.
The project will be financed through Shariah-compliant banking facilities, the company’s available cash liquidity, and other available financing programs.
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