$242m deal for market project

Arriyadh Development Co. has signed a contract for a total value of $242 million with the Ministry of Municipal and Rural Affairs.
Under the 24-month construction contract, the company will develop Atiqa Central market of vegetables and fruits in Riyadh.
The project include retail outlets, trade fairs and parking areas, according to a company statement. It said the project will be financed by the company’s self resources.