Foods Gate awards SAR 6.1 mln contract to main contractor of Jeddah's Tokyo Restaurant

16/07/2023 Argaam

Foods Gate awards SAR 6.1 mln contract to main contractor of Jeddah's Tokyo Restaurant

Logo of Foods Gate Trading Co.

Foods Gate Trading Co. awarded the main contractor’s work for the construction of Tokyo Restaurant branch in Jeddah to Al Ramsat Contracting Co. at SAR 6.12 million (excluding VAT), according to a statement on Tadawul.

 

The scope of work includes the construction of the 610-square-meter Tokyo Restaurant, covering all mechanical, electrical, plumbing and fit-out works of the unit that has been leased from Bunyan United Co. for five years, in line with the company’s strategic plan.

 

The contract has a term of 115 calendar days, with the financial impact expected to be reflected starting from Q4 2023, the statement added.

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