SADAFCO signs SAR 58.8m contracts for constructing a new regional distribution center in Riyadh:

26/06/2013 Argaam

Saudia Dairy and  Foodstuff Company (SADAFCO) announced today on tadawul the signing of SAR 58.8m contracts for the construction and establishment of the new regional distribution center in Riyadh as follows:

  • SAR 40.9m contract with Youssef Marawan contracting Co. for construction, engineering, mechanical and electrical work.
  • SAR 13.5m contract with SSI Schaefer co. for supplying racking and automated storage and handling system.
  • SAR 4.4m contract with Al Saadi united company for providing chilled and frozen goods storage equipments.

The project is financed by the company’s cash flows and is expected to be completed late 2014.

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