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.