Red Sea International Co. has signed a contract with the Royal Commission for Al Ula (RCU) to develop an integrated housing complex in AlUla for 192.01 million Saudi riyals ($51.06 million), the company said in a statement published on the Saudi stock exchange.
The 12-month contract includes the design, construction, supply and installation of modular, high-quality and fully furnished accommodation units, office building, gym, administration building, restaurant and reception building, which will serve as the housing complex for one of RCU’s strategic projects in AlUla.
Zawya Projects