Tatweer Buildings Company (TBC), a wholly-owned subsidiary of the Public Investment Fund (PIF) and the implementing arm of the Ministry of Education, has offered 345 lands owned by the ministry for investment and leasing to private investors.
The company launched several investment programs according to the type of assets and worked to develop them in line with the desires of investors, including leasing non-operational educational buildings to the private sector to reopen them as community schools.
This comes as Tatweer Buildings Company (TBC) announced the supply and installation of school furniture for 53 of the ministry's stalled projects assigned to the company.
The number of stalled Ministry of Education projects entrusted to Tatweer Buildings Company, which has completed 79 buildings, providing study seats for 57,000 students, at a total cost of 35 million riyals.
The company explained that in preparation for the new academic year, the warehouses received more than 65,000 air conditioners, and completed the maintenance of more than 18,000 chairs and tables in the Ministry of Education schools, which it operates and maintains, to prepare for the new academic year.
The General Administration of Education in Riyadh received 71 educational buildings for boys and girls during the period from 1\/8\/1441 AH to 1\/1\/1\/1443 AH with 1287 classrooms with a capacity of 38,610 male and female students.
Hamad Al-Wuhaibi, director general of education in Riyadh, said that the educational buildings for girls amounted to 46 educational buildings with a total of 791 classrooms, accommodating 23,730 female students.
The total number of boys' buildings amounted to 25 buildings with a total of 496 classrooms and a capacity of 14,880, at a total cost of more than 735 million riyals, and 70 rented buildings were dispensed with.
The Director General noted that in preparation for the launch of an exceptional academic year in an exceptional circumstance, the School Buildings Department continued to work on supervision, coordination, follow-up and handing over buildings from the implementation entity, and the department received 26,425 materials related to precautionary measures and preventive measures for schools and educational buildings in the region.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>Tatweer Buildings Company (TBC), a wholly owned subsidiary of the Public Investment Fund, the implementing arm of the Ministry of Education, has offered 345 lands owned by the ministry for investment and leasing to private investors. The company launched several investment programs according to the type of assets and worked to develop them in line with the wishes of investors, including leasing non-operational educational buildings to the private sector to reopen them as private schools.This comes in ... 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