CEO: Al-Khodari is ready to take up mega projects

19/10/2014 Argaam

Abdullah A. M. Al-Khodari Sons Company is ready from the administrative, technical and financial sides, to take up mega projects, CEO Fawaz Al-Khodari told Al-Arabiya TV.

The company has arrangements with banks whereby it can buy necessary equipment which does not require immediate payment, he said.

He said the company had projects under construction worth around SAR 3.36 billion.

The company incurred losses of SAR 15 million in the third quarter of 2014.

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