Batic Investment and Logistics Co. extended its memorandum of understanding (MoU) with Al-Marshad Group Holding and Smart Cities Solutions Co. for three additional months, ending July 29, 2021, according to a bourse statement.
The MoU was inked to form a consortium that will bid for the car parking project in Olaya district, Riyadh.
BATIC signed, on Oct. 29, 2020, a MoU with both companies to bid, as a consortium, to construct and operate the car parking project in Olaya, Argaam earlier reported.
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