Webuild (previously Salini Impregilo), a leading global player in the construction of large and complex projects, has announced that it has won a major contract from Neom, the developer of Saudi Arabia’s futuristic city in the northwest, for the construction of three dams to create the 2.8-km-long freshwater lake at Trojena.
A number of leading global and regional construction firms have shown interest in building the world’s tallest tower at the port city of Jeddah. The 1,000-m-plus-tall Jeddah Tower project is poised to be the centrepiece of the Jeddah Economic City development.
Saudi Water Partnership Company (SWPC) has announced that requests for proposals (RFPs) have been issued to the pre-qualified bidders for Jubail 4 and 6 Independent Water Projects (IWP) which boast a total capacity of 600,000 cu m/day.
Saudi-based Matarat Holding Company and The National Center for Privatization & PPP (NCP) have invited expressions of interest (EOI) from leading companies for the development of Abha International Airport in Aseer region.
Saudi-based Adel Real Estate has unveiled the blueprints for its mega project – Adel District – at Dammam in the kingdom’s Eastern Province. Spanning 5.6 million sq m, the plot-based urban development will boast over five residential neighbourhoods that can accommodate 50,000 people.
National Automotive Industry (NAI), part of Saudi-based Juffali Commercial Vehicles (JCV), is embarking on a significant journey towards greater efficiency and innovation with the relocation of its truck assembly factory.
A unit of Saudi Arabia’s Public Investment Fund (PIF) has unveiled the masterplan of a ‘world-first’ adventure tourism destination to be built on an offshore platform in the Arabian Gulf. Named The Rig.
Alstom, a global leader in rail transport and sustainable mobility, has announced that it has signed a major contract with the Royal Commission for AlUla (RCU) to build the world’s longest battery-operated tramway, running 22.4 km long, in the ancient Saudi city of AlUla.
Red Sea Global (RSG), the developer behind the world’s most ambitious regenerative tourism destinations, has joined forces with Zain KSA and the French Serge Ferrari Group (which provided innovative materials), to deliver a groundbreaking digital experience at its Ummahat Island at the Red Sea development.
Saudi-based Rua Al Madinah Holding has announced the launch of a key heritage project – Islamic Civilization Village – in a move aimed at contributing to actively engage with Islamic heritage and enrich visitors’ experience in Madinah.
Saudi Entertainment Ventures (Seven), a subsidiary of the kingdom’s sovereign wealth fund PIF (Public Investment Fund) has announced plans to set up its fifth entertainment destination, its largest in the Aseer region at an investment of over SR1.3 billion ($346 million).
The Saudi Power Procurement Company (SPPC) has invited bids from leading utility project developers and construction firms for setting up four power plants across the kingdom with a total capacity of 7,200 MW.
