Logo of Lana Medical Co.
The Secretariat General of the Gulf Cooperation Council (GCC) awarded a unit of Lana Medical Co. a SAR 29.9 million contract on May 29.
Under the contract, Lana’s unit, Lana Contracting Co., will construct buildings at the GCC Unified Military Command in Riyadh, according to a statement to Tadawul.
The contract covers all construction and architectural work, electrical and mechanical systems for buildings, and general site coordination in accordance with the project documents, which include plans, specifications, and tables of quantities.
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There are no related parties to the contract whose financial impact is expected to appear starting Q3 2024, the statement added.
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