Jazan Development Company announced today on tadawul the latest updates regarding its residential project occupying 146,000 m2 in Jazan as follows:
- The progress in implementing the project’s infrastructure has reached 65% with expected completion date on 30/5/2014.
- The infrastructure is being implemented within budget without any significant overrides.
- The project’s delay due to contractors’ insolvency and licensing delay is not likely to affect the company’s financial results negatively.
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