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RIYAD: Saudi Real Estate Company (Al Akaria) said that the joint venture between its subsidiary, Saudi Arabia Real Estate Infrastructure & Construction Company (Binyah), and has signed infrastructure packages contracts with Qiddiya Investment Company valued at 2.29bn Saudi riyals ($610.49mn).
The contracts include developing the main infrastructure networks and bridges for Qiddiya Resort Core, including the primary and secondary roads, utility networks, utility culverts, pedestrian bridges, and storm drainage channels, the company said in a statement published on the Saudi stock exchange.
The Resort Core is a zone dedicated to pure entertainment and fun and will be home to Qiddiya’s theme parks, including Six Flags Qiddiya.
