Rawasi Signs Contract with Private Sector to Develop Infrastructure for Al Ghurub Community in Medina for SAR 13.6 Million

Rawasi Albina Investment Company announced on Sunday that it has signed a contract with a private sector entity to implement infrastructure works for the Al Ghurub community project in Medina. The total value of the contract is SAR 13,622,465.30, including VAT.

According to the statement published on Tadawul, the financial impact of this project may appear during the second half of 2024 and extend into the first half of 2025.

The award was announced and the contract was signed on July 11, 2024.