Saudi Arabia has a number of tourism projects in the pipeline worth $11.6 billion as the kingdom seeks to draw more international and GCC tourists, says a report.
Saudi Arabia’s Knowledge Economic City (KEC) has signed a SR13.59-million ($3.63 million) contract with IBI to design the Madinah Gate project at the city. To be built on an area of 37,000 sq m, the project will be undertaken in three main stages. The first two phases will be completed in 42 weeks. KEC is a 6.
The Red Sea Development Company (TRSDC), a master developer, has commenced development of the Coastal Village, a residential and commercial area that will house the workers, staff and management of The Red Sea Project. Construction of corporate offices is already under way on the Coastal Village site.
A number of water projects in Makkah and other holy sites of Saudi Arabia worth over SR3.1 billion ($830.4 million) have opened coinciding with the Hajj season this year, a Saudi Press Agency report said.
Saudi Arabia currently holds the greatest potential for the construction sector within the GCC, with more than 5,000 capital projects worth well over $1.6 trillion in the pre-execution stage, said Linesight, a leading cost and project management consultancy.
The Renewable Energy Project Development Office (Repdo) of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources (MEIM) has issued request for proposals (RFPs) for Round Two of the kingdom’s National Renewable Energy Program (NREP).
Saudi Water Partnership Company (SWPC) has issued a request for proposals (RFPs) for the development of a reverse osmosis desalination plant in the Eastern Province to the qualified bidders.
Saudi Electricity Company (SEC) boosted its services for the Hajj season by completing 13 new projects covering transmission and distribution to enhance the reliability of power supply. The projects were carried out at a cost of SR1.2 billion ($319.96 million), said a Saudi Press Agency report.
Feasibility studies are now under way for the construction of the Obhur Suspension Bridge in Jeddah, a report said. “The Obhur Suspension Bridge is one of the most important projects in Jeddah’s public transport system and it will connect north and south Obhur, passing over Sharm Obhur with a length of 350 m and width of 74 m.
Saudi Arabia-based Almarai, a global specialist in food and beverage manufacturing and distribution, has completed its Al Kharj Solar Project, making it the largest ground-mounted solar photovoltaic (PV) installation operating in the kingdom. The SR44.4 million ($11.
