"Ban" contracts to provide catering services in one of the residential complexes in "NEOM"

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Riyadh - Mubasher:: Ban Group Holding Company announced receiving an award order for a project to provide catering and food services in one of the residential complexes in NEOM, managed by the Sustainable Services Company, affiliated with Al Mutlaq Real Estate Investment Company (ARIK), for a period of approximately 6 years ending on December 31, 2030.

She explained in a statement on "Tadawul" today, Wednesday, that the expected value of the project is estimated at about 436 million riyals, linked to the number and percentage of occupancy of the village and the number of residents in it.

She pointed out that the contract details include providing catering, food and accommodation services to the Modern Village Complex, which is one of the residential villages in NEOM and is considered one of the accommodation facilities for all categories of workers in NEOM City. This comes as part of the strategy of Ban Holding Group to expand in the catering sector and diversify investments, which will contribute to the growth of the company's business.

She pointed out that the awarding process took place yesterday, Tuesday.

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