Contracts awarded for Alfareeda project in Jeddah

Ewaan signs contracts with New Job Company, Al-Arjab Contractors

A view of Jeddah. Alfareeda is a major housing project in the Saudi city.
A view of Jeddah. Alfareeda is a major housing project in the Saudi city.

Ewaan Global Residential Company has signed two contracts with New Job Company and Al-Arjab Contractors to build the infrastructure and an electromechanical installation as part of the first phase of the Alfareeda residential project in Jeddah.

The two contracts were signed during the Jeddah International Urban Development & Real Estate Investment exhibition held recently.

According to the contracts, New Job Company, represented by Ali Al-Qahtani, will be responsible for 199 villas, while Al-Arjab Contractors, represented by Mazen Rajab, will take care of 170 villas.

Ewaan CEO Fahad Mohammed Al-Mutawae explained that the development comprised 2,088 villas for middle-income families, over a total area of 100ha.

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