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The CEO for RCY Signed Four Development Contracts


The CEO for the Royal Commission at Yanbu Dr. Alaa Abdullah Nassif has signed four development contracts at Madinat Yanbu Al-Sinaiyah with a number of National Companies. These contracts contribute in achieving the National Transition Plan Initiatives 2020 for Royal Commission at Yanbu. The 1st procurement and development contract is for TAMA Road starting from Flood Channel up to the traffic checkpoint (Km 50), entered into with General Agencies and Contracting – an affiliate of Shobokshi Co. for Development and Trading.. The contact total amount is SR 212,329,158. The second contract was entered into with Abdul Rahman Al-Nuaim “Engineering Consultant” for the industrial and community area at Madinat Yanbu Al-Sinaiyah with a total amount of SR 32,948,500. The third contract was entered into with  FAL Est. for Mechanical, Industrial and Construction works, for developing and construction of a primary boys school in Al-Aziziah (5) and a kindergarten in Radwa (6) with a total amount of SR 22,777,830. The fourth contract is for renewal of Oracle technical support products which was entered into with Al-Muammar for Information Systems with a total amount of SR 2,921,500.

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