Construction Period of Riyadh Metro Package 3 Changed

2022. 06. 21

<p>Samsung&nbsp;C&amp;T&nbsp;and&nbsp;the&nbsp;consortium&nbsp;partners&nbsp;have&nbsp;negotiated&nbsp;with&nbsp;the&nbsp;contract&nbsp;owner,&nbsp;The&nbsp;Royal&nbsp;Commission&nbsp;for&nbsp;Riyadh&nbsp;City,&nbsp;to&nbsp;extend&nbsp;the&nbsp;project&nbsp;completion&nbsp;date&nbsp;of&nbsp;Riyadh&nbsp;Metro&nbsp;Package&nbsp;3.</p><p>&nbsp;</p><p>-&nbsp;Construction&nbsp;period:&nbsp;before&nbsp;change)&nbsp;October&nbsp;1,&nbsp;2013&nbsp;~&nbsp;TBD</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;after&nbsp;change)&nbsp;October&nbsp;1,&nbsp;2013&nbsp;~&nbsp;2024-04-30</p><p><br></p><p><br></p><p>-&nbsp;Contract&nbsp;owner:&nbsp;before&nbsp;change)&nbsp;High&nbsp;Commission&nbsp;for&nbsp;the development&nbsp;of&nbsp;Arriyadh, Arriyadh&nbsp;Development&nbsp;Authority</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;after&nbsp;change)&nbsp;The&nbsp;Royal&nbsp;Commission for&nbsp;Riyadh&nbsp;City</p><p><br></p><p>※&nbsp;Overview&nbsp;of&nbsp;project</p><p>-&nbsp;Title&nbsp;of&nbsp;contract:&nbsp;Riyadh&nbsp;Metro&nbsp;Package3<br></p><p>-&nbsp;Contract&nbsp;amount:&nbsp;USD&nbsp;2,426,809,931&nbsp;(forSamsung&nbsp;C&amp;T)</p><p>-&nbsp;Contract&nbsp;owner:&nbsp;The&nbsp;Royal&nbsp;Commissionfor&nbsp;Riyadh&nbsp;City</p><p>-&nbsp;Construction&nbsp;period:&nbsp;October&nbsp;1,&nbsp;2013&nbsp;~&nbsp;2024-04-30</p>