Saudi Arabia allows S. Korean firms to bid for housing projects
2012-05-13 - AMEinfo.com | Saudi Arabia | Latest News
Saudi Arabia: Saudi Arabia has signed an agreement with South Korea to exempt Korean construction firms from business restrictions for them to enter the kingdom's SR225bn ($60bn) housing market, Saudi Gazette has reported. According to the terms of the agreement, the largest 20 Korean companies and the state-run land developer Land Housing Corp are expected to be exempted from diverse regulations and be given support in bidding. View full article...