Abdullah A. M. Al-Khodari Sons Company announces receipt of award letter from the Ministry of Higher Education (Northern Border University) on 24/08/2014 for the construction of the General Administration Building. The two phases project is valued at SAR 171,200,966 (One Hundred Seventy One Million Two Hundred Thousand Nine Hundred Sixty Six Riyals).
- First phase is valued at SAR 166,583,366 (One Hundred Sixty Six Million Five Hundred Eighty Three Thousand Three Hundred Sixty Six Riyals).
- Second phase is valued at SAR 4,617,600 (Four Million Six Hundred Seventeen Thousand Six Hundred). A Notice to proceed will be issued later concerning this phase.
A further announcement will be made upon contract signing including its duration. The financial impact of this project is expected to start in the third quarter of the financial year 2014.