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Saudi mega-city project NEOM secures $5.6 bil. for workforce housing

Saudi Arabia s planned mega-city NEOM has secured 21 billion riyals ($5.60 billion) in financing and finalized contracts to develop the first phase of housing expansion for its workforce, it said in a statement on Tuesday. ....

Red Sea , Djibouti General , South Korea , Saudi Arabia , United Arab Emirates , Korea Times , Crown Prince Mohammed , South Korea , He Korea Times , Orea Times , Orean News In English ,

HanmiGlobal to monitor building of 80,000 houses for Neom construction workers

HanmiGlobal said Tuesday it won an order to monitor the building of an additional 10,000 houses for Saudi Arabia s Neom construction workers by May 2024. The latest contract was signed after the Korean project management firm won an order last November to monitor the building of 50,000 houses in the construction worker villages and an additional order in March to monitor the construction of 20,000 houses in the villages. ....

Red Sea , Djibouti General , Saudi Arabia , Saudi Arabian , Al Wedyan , Arabia Neom , Crown Prince Mohammed , Middle Eastern , Tabuk Province , South Korea , He Korea Times , Orea Times , Orean News In English ,