Saudi Entertainment Ventures awards leisure complex work
RIYADH, 27 days ago Saudi Real Estate Infrastructure Company (Binyah), a company owned by Saudi Real Estate Company (Al Akaria), has secured a preparatory work contract for the Entertainment Complex project, located near the Saudi capital. The contract worth SR104.6 million ($28 million) was awarded by Saudi Entertainment Ventures Company (Seven), a unit of the kingdom s wealth fund, Public Investment Fund (PIF), said Al Akaria in its filing to the Saudi bourse Tadawul. The scope of work includes site preparation, ground works including excavation, backfilling and levelling of the Entertainment Complex coming up at Riyadh exit 15, it stated.