Saudi Arabia Contracts Katerra to Build 8,000 homes

Via David Jeans and Kathryn Brenzel in therealdeal.com : The Saudi Arabia contract, signed in recent weeks, is part of a larger, $40 billion non-binding agreement Katerra signed with the government in October 2018 to deliver hundreds of thousands of housing units in the country. As part of that broader agreement, Katerra signed its first contract in May 2019 to build 4,101 units in five regions of Saudi Arabia.





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