Saudi Arabia’s Qiddiya Investment Company (QIC) announced in a statement that, it has awarded the project related to construction of roads and bridges.
The Project has been awarded to Joint Venture of Haif Bin Mohammed Bin Abboud Alqahtani and Partners For Trading Contracting Co; Freyssinet Saudi Arabia Co Ltd.
The value of Signed contract is SAR 1.1 billion (USD 293.3 million).
Project scope of work includes construction of major roads and bridges on the upper plateau of the site.
The duration of the project is three years.
As per the statement, the total value of all construction contracts awarded so far by Qiddiya Investment Company (QIC) on Saudi Arabia’s 366km2 Qiddiya gigaproject, since construction on the gigaproject began a year ago, has reached $533.3m (SAR2bn), with 100% of the contracts awarded to Saudi companies.
The project works includes the site mass grading, roads and bridges, utilities relocation and provisions.
The project is located nearly 45 km southwest of Riyadh City Centre along Makkah road.
The first phase comprising the access roads, the City Centre, Golf Area, Motion and Mobility and the Resort Core along with all their required infrastructure systems and an ultimate which includes all other areas and various plots forming the overall master plan.
Read Also: Qiddiya awards $186.6 million roads and bridges contract
Qiddiya received the bids for utility package
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