26/11/2013 10:00 AST

Arriyadh Development Co. has signed a contract for a total value of $242 million with the Ministry of Municipal and Rural Affairs.

Under the 24-month construction contract, the company will develop Atiqa Central market of vegetables and fruits in Riyadh.

The project include retail outlets, trade fairs and parking areas, according to a company statement. It said the project will be financed by the company's self resources.


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