(MENAFN) As part of economic improvements intended to ease pressure on the state's finances, education ministry in Saudi Arabia has announced, on Wednesday, a tender for private companies to construct and maintain 60 schools.
The winning bidder would be granted a long-term concession to plan, construct, fund and preserve facilities for 60 schools in Jeddah and Mecca, from kindergartens to secondary schools, according to Tatweer Buildings Co (TBC), a state-owned corporation that manages projects.
Potential bidders are invited to express interest by February 7, TBC said, adding that it would soon hold a conference in Riyadh for property developers, investors and financial institutions, as well as legal and technical professionals.
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