Saudi Real Estate Company “Al-Aqaria” has signed a contract with Diriyah Gate Development Company for one of its subsidiaries “Saudi Real Estate Company for Infrastructure “Bonya”.

The company said in a statement on Tadawul that the contract value amounted to about 532.05 million riyals (including VAT). According to a statement on Tadawul, the company said that the value of the contract amounted to about 532.05 million riyals (including VAT), explaining that Public Investment Fund is a related party to the contract.

The company added that the contract includes the execution of "excavation works for parking lots A and parking lots B and related works."

The company added that the contract includes the execution of “excavation works for parking lots A and parking lots B and related works.“

It is noteworthy that Bonya is one of the national companies specialized in implementing infrastructure development works, of which Saudi Real Estate Company (60%) owns it.

Bonya specializes in implementing infrastructure development works. Bonya specializes in the construction of roads, streets, sidewalks and road accessories, the construction of bridges and tunnels, the laying of oil and gas pipelines, the construction of water distribution stations and main lines, the construction of sewage plants and projects, sewage networks and pumps, the construction of piers and marine constructions, demolition and removal of buildings and others, site preparation and preparation from excavation, leveling and network extensions.

Bonya specializes in the construction of roads, streets, sidewalks and road accessories, the construction of bridges and tunnels, the laying of oil and gas pipelines, the construction of water distribution stations and main lines.