SPIMACO says Riyadh tower project to finish in 2018

Saudi Pharmaceutical Industries and Medical Appliances Corporation (SPIMACO) has postponed the completion date of its administrative tower in Riyadh to the first quarter of 2018.

The tower was slated to be completed by the end of 2016, but faced delays to its construction and engineering works, the firm said in a statement.  

In February 2014, SPIMACO’s board of directors approved building the administrative tower in the Saudi capital at a total value of SAR 100 million, Argaam reported.