Saudi’s Red Sea International Co. Subsidiary Signs $85 million MEP Works Contract
26 December 2024
Red Sea International Company, Saudi Arabia announces that its subsidiary The Fundamental Installation for Electric Work Co. Ltd. has recently signed a contract with Modern Building Leaders Co. to execute Mechanical, Electrical, and Plumbing (MEP) Works.
The value of the contract is SAR 318.9 million.
The contract is related to Supply, installation, testing, and commissioning of mechanical, electrical, and plumbing (MEP) systems in one of customer projects. The duration of the contract is 13 months.
The Fundamental Installation for Electric Work Ltd is a local market leader and one of the top standalone MEP contractors delivering world class projects via end to end solutions that provide integrated design, engineering and construction services in the field of mechanical, electrical, and plumbing (MEP) works.
Related
-
Renewables in Europe: TotalEnergies Acquires Shell's Renewables Business and Sells a 50% Stake in a Portfolio of Developed Assets to KKR
15 September 2026
-
Germany: Nordex secures 34 MW order for Rauschenberg wind farm
15 September 2026
-
Sacyr selected for Second Concession of Route 57 Santiago - Colina - Los Andes in Chile
14 September 2026
-
Azizi to announce $8bn Sharjah residential community
14 September 2026
-
China State wins $1.3bn Dubai Holding contract
13 September 2026
-
Lee & Man Chemical advances first overseas plant in Vietnam, targets trial production by 2027
11 September 2026


京公网安备
11010802030424号
京ICP备19046776号-2