Saudi Finance Ministry OKs deals worth SR89bn

Author: 
ARAB NEWS
Publication Date: 
Wed, 2011-07-13 03:29

While 79 contracts at SR1.3 billion were for food, medicine and fuel, 392 contracts at a total cost of SR11.2 billion were approved for operation, maintenance and cleaning projects.
Construction contracts for 1,131 projects worth SR75.2 billion were approved in the same period, the Saudi Press Agency reported quoting a ministry statement on Tuesday.
The construction projects include SR6.5 billion for 262 contracts of municipal and rural projects, 133 contracts worth SR6.6 billion for roads and communication and SR15.3 billion for 374 contracts to construct universities, schools and other training institutions.
The construction projects also included SR1.6 billion for 45 contracts of hospitals and health centers and 173 contracts at SR6.9 billion for water and sewage projects in addition to 143 contracts worth SR38.3 billion for various other projects. However the total amount does not show contracts below SR5 million, the statement said.

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