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Chinese contractor seals $970m Saudi tunnel project contract

Published: June 12, 2022

China Railway 18th Bureau Group has signed a 6.5 billion yuan (around $970 million) contract with Rua Al Madinah Holding Company, a unit of the Saudi Public Investment Fund (PIF), for the construction of a 5-km-long tunnel in the Saudi city of Madinah.

Source: tradearabia.com

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