Naba Alsaha signs SAR 49.4 mln civil works contract for Riyadh hospital

Logo of Naba Alsaha Medical Services Co.

Naba Alsaha Medical Services Co. signed, on March 12, a contract with Al-Kayan Technical Arabian Contracting Company, to implement the civil and structural works for its hospital in Riyadh at a value of SAR 49.4 million. 

In a statement to Tadawul, the company pointed out that the 180-bed capacity hospital is located in Munsiyah district of Riyadh. 

The contractor will carry out the entire project works in compliance with the project masterplan and bills of quantities approved by the consultant within 10 months only from the site handover date with groundwork finalized. 

The contract will have a positive financial impact on the company’s revenue as it will accelerate the construction of the hospital, the statement added.