Logo of Retal Urban Development Co.
Retal Urban Development Co.‘s subsidiary Building Construction Co. Limited signed a contract today, May 20, with ROSHN Group for the development, design and building of the master plan and infrastructure works and development of 1,962 residential units in Al-Danah project site 1 for the Public Investment Fund’s (PIF) ROSHN Group, according to a statement to Tadawul. 
The contract value is about SAR 2.9 billion, said the company, adding that the contract term is 45 months starting from the date of the land handover from ROSHN Group.
For more news and details on the projects
Under the contract, Building Construction Co. Limited will develop and design the detailed master plan, design and execute the infrastructure, landscape, construct 1962 residential units and public amenities building in Al-Danah project, Dhahran City Site 1 for Roshn Group.
The project is expected to have a positive impact on the company’s financial results during the project execution for the years 2024, 2025, 2026, 2027 and 2028.
Logo of Retal Urban Development Co.
Retal Urban Development Co.‘s subsidiary Building Construction Co. Limited signed a contract today, May 20, with ROSHN Group for the development, design and building of the master plan and infrastructure works and development of 1,962 residential units in Al-Danah project site 1 for the Public Investment Fund’s (PIF) ROSHN Group, according to a statement to Tadawul.
The contract value is about SAR 2.9 billion, said the company, adding that the contract term is 45 months starting from the date of the land handover from ROSHN Group.
For more news and details on the projects
Under the contract, Building Construction Co. Limited will develop and design the detailed master plan, design and execute the infrastructure, landscape, construct 1962 residential units and public amenities building in Al-Danah project, Dhahran City Site 1 for Roshn Group.
The project is expected to have a positive impact on the company’s financial results during the project execution for the years 2024, 2025, 2026, 2027 and 2028.
