Naba Alsaha signs SAR 4.5 mln contract for second phase of Naba Alsaha Hospital’s excavation works

21/11/2022 Argaam

Naba Alsaha signs SAR 4.5 mln contract for second phase of Naba Alsaha Hospital’s excavation works

Logo of Naba Alsaha Medical Services Co.

Naba Alsaha Hospital Medical Services Co. signed, on Oct. 15, a SAR 4.5 million contract (inclusive of VAT) with Island Stairs Construction Co. to implement the second phase of excavation, shoring, migrating and securing of the excavation sides of Naba Alsaha Hospital Riyadh project.

 

Under the contract, which is valid for six months, Naba Alsaha will deepen and consolidate excavation works for its project for 16 meters, according to a statement to Tadawul.

 

The project is expected to have a financial impact on the medical services provider's results when it starts operations, scheduled in 2026, Naba Alsaha added, noting that there are no related parties to the deal.

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