HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs, has announced the launch of King Salman Project, the largest expansion in the history of Quba Mosque, Islam’s first mosque ever, and the development of its surrounding area.
Saudi Water Partnership Company (SWPC) has received prequalification bids for three major Independent Water Transmission Pipeline (IWTP) projects in the kingdom with a total transmission capacity of 2.23 million cu m per day. These include the Rayis-Rabigh, the Riyadh-Qassim and the Jubail-Buraydah Independent Water Transmission pipeline projects.
Roshn, the national community developer powered by Saudi Arabia’s Public Investment Fund (PIF), has succeeded in completing 10 million man-hours with no lost-time injuries (LTIs) 23 months after it broke ground on its first community project, Sedra.
With the Saudi sovereign wealth fund Public Investment Fund (PIF) pushing for more projects spurred by improved macroeconomic fundamentals and the uptick in contract awards over five consecutive quarters, industry experts believe the kingdom’s construction market will be back to its pre-pandemic levels this year, reported Arab News.
Saudi-based Acwa Power, a leader in power generation and water desalination plants, has announced the signing of a $900-million engineering, procurement and construction (EPC) agreement for a green hydrogen project to be set up within the kingdom’s futuristic city Neom.
Leading global architectural network RMJM has announced that it has been appointed as a lead architect for the Meydan project, an interconnected office park located in an upcoming area of Riyadh. Following the client’s brief and ambitious vision, RMJM focused on creating a venue to attract top talent and become a popular entrepreneurial hub.
Saudi-based Umm Al Qura Development and Construction Company said it has signed a strategic partnership agreement with Kaden Investment Company for the development of Masar Front, a distinctive cultural, shopping and entertainment hub within its Masar destination in Makkah. Located on a 1.
Sabic, a global diversified chemicals company based in Saudi Arabia, has introduced a new market solution, carbon black grade N330, for the kingdom’s building and construction industry to improve the quality of cast-in-place concrete structures that require an early drying process and provide extra strength.
