2019 CW Power 100: Abdulrahman Almofadhi of Saudi's Sreco at #64

Chairman of Al Akaria Real Estate Company (Sreco) returns to 2019 Construction Week Power 100 ranking

Abdulrahman Almofadhi, Sreco.
CW Archives
Abdulrahman Almofadhi, Sreco.

Al Akaria Real Estate Company (Sreco) is led by chairman Abdulrahman Almofadhi.

The Saudi Arabian builder has plans to build Al Widyan, a 700ha, mixed-use project in Riyadh’s northern corridor.

Announced in August last year, Phase 1 construction activities are expected to cost $2.7bn (SAR10bn).

Speaking to Construction Week in August 2018, Almofadhi said: “Co-developers and sub-developers will be able to enjoy significantly shorter go-to-market timelines, making the project an attractive investment opportunity with fast and efficient procedures that will cut through bureaucracy and remove the need to engage with central government authorities.”

Check out the 2019 Construction Week Power 100 issue here

Most popular

Awards

CW Oman Awards 2020: Meet the winners
A round of the thirteen winning names at the Construction Week Oman Awards 2020 that

Conferences

Leaders UAE 2020: Building a sustainable, 'resilient' infra
AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment
CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this

Latest Issue

Construction Week - Issue 767
Sep 01, 2020