Arriyadh Development Co. announced facing some challenges and difficulties in the implementation of Tameer Plaza 3 Complex project such as the tough conditions seen by the contractor and traffic jam throughout the day on the project location, according to a bourse statement.
These challenges stood in the way of delivering the project at specified date, January 25, 2015.
This delay will not result in any additional financial burdens on the contract value, the company said.
The project includes five separate buildings, three of which are expected to be finalized in the first quarter of 2015.
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