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TBC is developing SAR6bn educational facilities - CEO

TBC is developing SAR6bn educational facilities - CEO
Tatweer Buildings Company is building more than 590 educational facilities - (Photo Archive)

By: Aseel bin Talib

Riyadh - Mubasher: The CEO of Tatweer Buildings Company (TBC), Fahd Al-Hammad, said that his company is currently completing more than 590 educational facilities with investments totaling SAR 6 billion, and a capacity of 277,000 students.

Out of these 590 facilities, 117 have been delivered, Al-Hammad added.

The CEO also revealed that his company is cooperating with the Saudi education ministry to help provide schools and educational facilities through partnerships with the private sector.

Al-Hammad added that Tatweer Buildings Company has been studying international experience in financing, and that they are currently researching the easiest tools that can be used under the existing regulations, he also explained that some tools need longer periods of time before being implemented in the KSA.