RIYADH (Rahnuma): Saudi Arabia is spending more than $500 million on building education “complexes” that will serve 90,000 students in major urban centers.
The Education Ministry, represented by the government-owned Tatweer Buildings Co., on Tuesday, signed an agreement with Al-Mabani Real Estate Co. to build 30 institutions for students in Dammam, Jeddah and Riyadh.
The agreements include a short-term plan to establish 10 complexes across the three cities with a combined intake of 30,000 students.
These will cost around SR800 million ($213 million) and are expected to be completed in 2022. There is also a long-term plan to set up 20 complexes for 60,000 students costing SR600 million. The complexes will be at locations approved by local authorities.