01 April 2019
German firm to build olive oil mill
German company GEA said it has won a €3 million ($3.4 million) contract from National Agricultural Development Company (Nadec) to build a giant olive oil mill in Saudi Arabia that will be the largest in Asia.
Nadec is one of the largest agricultural and food-processing companies in the region.
As per the deal, GEA will build and supply the industrial equipment for a large olive oil mill located in Al Jouf, said the German company. It will also provide civil engineering, automation engineering, processes and all the necessary industrial equipment to manage the olive oil plant successfully.
The scope of the project is expected to encompass five million olive trees from a single farm of 3,000 hectares, it added.
Sabic signs deal with contractors
Saudi Basic Industries Corporation (Sabic), one of the world’s largest diversified petrochemicals companies, has signed deals with nine construction contractors for various industrial projects in the kingdom, said a report.
Of these eight contractors – H K Al Sadiq Sons Contracting Company, Sendan International Company, Global Sources for General Contracting, Al Manar Arabian Corp, Jal International Company, Central Gulf Engineering and Technical Sev (Zain Thermal), Abdullah Faleh Al Dossary and Specialized Industrial Services Company – are based in Saudi Arabia, while The Third Chemical Engineering Construction Company of China (TCC) is from the Huainan province of China.
The contracts, signed in Jubail, are for Saudi site projects, reported Saudi Gazette.
First city at Neom ‘by 2020’
WORK is progressing well on the first city being built as part of the $500-billion Neom project in the northwestern part of the kingdom, said a report.
One of the world’s most ambitious projects, Neom will inaugurate several basic infrastructure facilities by the end of this year, stated the report, citing Antoni Vives, chief executive officer of Spanish group City Transformation Agency (CTA).
The city will be completed in 2020, stated Vives.
In September last year, the Neom project began environmental, geological, and archaeological surveys to ensure that the execution of any future construction is well-planned and sustainable. In mid-January, the project’s board approved the masterplan for developing the first urban area in Neom.