(MENAFN) Saudi Aramco plans to build 8,521 homes for its employees, as well as schools and community facilities, on 10-square km of land in Dhahran, the company said.
The development is 8 km (6.25 miles) southwest of Saudi Aramco's Dhahran headquarters, Aramco said, without giving a value or a timeframe for the project's completion.
The contract for the remaining 1,821 dwellings in the first phase of the South Dhahran Home Ownership Program (SDHOP) is expected to be awarded later this year, it said.
Aramco's work force grew to almost 62,000 last year from just over 57,000 in 2013 as the company, which has both the world's largest proven crude oil reserves and largest daily production, expands its activities.
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