Saudi Arabian Refineries Company (SARCO) has announced that one of its key subsidiaries – Lawazim Industrial Company – has been awarded subcontracting works for the National Guard Housing Project in Al Qassim region.
Under the US $1.9mn deal, Lawazim will be responsible for the supply and installation of wooden doors for the project being developed by Saudi Binladin Group.
Lawazim Industrial Company, which is majority owned by Masafi Ventures, a key SARCO subsidiary, is a Saudi industrial and manufacturing firm based in Riyadh. It specialises in industrial equipment supplies, factory and production line support and contracting work.
SARCO also awarded a US $8.9mn contract to Raya Al Tajdeed, a company owned by one of its subsidiaries, for the Burjeel One Day Surgical Centre Project in Riyadh.As per the deal, the scope of work for Raya Al Tajdeed includes execution of civil, architectural, and electromechanical works on a turnkey basis.
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