Tatweer Buildings expects educational projects to exceed SAR 3.3 bln

Logo of Tatweer Buildings Co. (TBC)

Basheer Al Anazi, Construction Procurement Director at Tatweer Buildings Co. (TBC), said the value of expected educational projects exceeds SAR 3.26 billion, Al Riyadh newspaper reported.

TBC is wholly owned by the Public Investment Fund (PIF).

These projects include construction projects worth more than SAR 1.2 billion, facilities management worth over SAR 1.9 billion, consulting worth more than SAR 45 million, and supplies at a total value exceeding SAR 115 million.

The value of total awarded educational projects amounted to more than SAR 2.5 billion, including construction projects worth over SAR 1.5 billion, facilities management at a total value of over SAR 530 million, consulting worth more than SAR 420 million, and supplies worth over SAR 60 million.

The number of qualified companies amounted to 1,930, distributed as follows: 589 companies in the field of supply, 334 in facilities management, 336 in consulting, and 671 in contracting. Meanwhile, the total number of qualified companies for the current year is 578, Al Anazi concluded.