Local developer Naif Saleh Al-Rajhi Investment has awarded the main construction contract for Riyadh’s Ramla Tower to First Saudi Contracting, MEED reported.
The $160 million (SAR 600 million) residential tower will hold 40 floors and reach a height of 150 meters. The 30-month contract includes a car park, gym, utilities, and all other related facilities.
Work on the tower has already started, according to Naif Al-Rajhi.
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