The signs are all there: Saudi Arabia is on the threshold of a transformative era that will see a cultural renaissance in the country and its doors open to international investment and tourism. In line with its ambitions, the kingdom is trying to create a new image that has certainly piqued the interest of a global audience.
Progress on the $22.5-billion Riyadh Metro, which when completed will be one of the world’s largest integrated public transport systems, continues apace. The project, spanning six lines and covering a total of 176 km, is more than two-thirds complete, and last month (April) saw the first trainset trials on two short test sections.
The architectural design for a world-class energy industry hub that will take shape in the Eastern Province of Saudi Arabia is now 20 per cent complete, with site preparation work having commenced last September.
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The Public Investment Fund (PIF) is spearheading the development of multi-billion projects across the kingdom including the recently-announced $500-billion Neom city, following the announcement last year of the Red Sea project.
Work on Jubail Two Industrial City, termed as one of the largest civil engineering projects in the world, is in full swing and will considerably expand the size of the industrial city once it is completed in 2023. Work on the project has been divided into four stages.
Work at King Abdullah Financial District (KAFD) in Riyadh has resumed after parcel A.01 was officially launched last month, according to leading online projects portal saudiprojects.net, citing a source at the Public Investment Fund (PIF). Also, bids have been invited to complete the remaining work. Parcel A.
Saudi Arabia is not only a key market for Reynaers in terms of large-scale projects, but also serves as an important launchpad for new products to meet an ever-growing demand for advanced aluminium systems in the kingdom.
Gulf Plastic Industries (Gulfplas) has been a victim of its own success, with many low-quality duplicates of its products available on the Saudi market – an issue that it has been addressing over the past year.
Seeley International says it has completed the world’s largest order for evaporative air-conditioners – of around 50,000 Breezair air-conditioners – which are being installed in the tent city of Mina Valley, Saudi Arabia.
Ashok Leyland, a market leader in staff transportation in Saudi Arabia, has launched its Oyster 2018 model in Saudi Arabia while celebrating 10 years of its presence in the kingdom. The company is the fourth largest bus manufacturer and also the 12th largest manufacturer of trucks globally.
Abunayyan Trading Corporation (ATC) has supplied dozens of JCB machines and other machinery for the maintenance of Yanbu city after winning a major government tender. The order included 29 JCB machines, 23 attachments, and 36 trucks, which were supplied to Yanbu Municipality.
AlKifah Holding has signed a memorandum of understanding (MoU) with Schneider Electric to digitise its processes to enable it to optimise its activities and keep pace with the latest trends in its field. The company is focused on using the latest automation technologies and energy management in all its facilities and operations.
