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Saudi builder Khodari says delayed projects at 312.7m riyals end-2016

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Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons said on Thursday that the total value of its delayed projects as of Dec 31 last year was 312.7 million riyals (S$117.9 million).

[DUBAI] Saudi Arabian construction firm Abdullah Abdul Mohsin al-Khodari and Sons said on Thursday that the total value of its delayed projects as of Dec 31 last year was 312.7 million riyals (S$117.9 million).

It estimated the total value of its backlog of uncompleted work as of the same date at 2.85 billion riyals. Its total contract value was 7.85 billion riyals.

REUTERS

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