Projects

Al-Rajhi Bank New Branches

Country :
KSA
Client Name :
Al-Rajhi Banking & Investments Corp.
Type :
Corporate & Institutional
Scope :
Project Management
Location :
Various Cities, Saudi Arabia
Completion Date :
2017
Consultant :
N/A
Construction Value(US$) :
415,243,581

Current phase (Which is the subject of this report) is the Construction and operation of 24 branches for Al Rajhi Bank throughout KSA consisting of 14 branches whiich should have been operated by the end of 2014 ( 14 Branches are almost completed and 13 were operated utilizing a new concept of Prototype with 2 Floors), and 10 New branches for 2015 target . This new Generation Branches program is part of the main program of 90 New Branches started in 2010 and 63 of them already completed and operated. However Projacs is currently providing PM Services for the entire 2016, 2017, & 2018 Projects Operation plan, which consist of the whole 90 New Branches (Some Projects have been already operated), In addition to 80 New Branches Plan, and 45 Relocation Branches

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