Saudi Focus

Amane Advisors, a Bahrain-based premier global consultancy and advisory focused on the water industry, has been awarded the contract to provide advisory services for the development of all water and wastewater facilities at the upcoming King Salman Energy Park (Spark) industrial city located in the Eastern Province.

The total value of awarded contracts across Saudi Arabia for the first quarter reached SR45.2 billion ($12 billion), down eight per cent when compared to the same period last year. However, the value grew by 28 per cent quarter-on-quarter, according to a report by US Saudi Business Council (USSBC).

Saudi-based Diriyah Gate Development Authority has kicked off work on Diriyah Gate, one of its most ambitious developments that will see it transform a 7-sq-km old town near the capital Riyadh into one of the kingdom’s foremost historic cultural destinations.

Riyadh Mayor Prince Faisal bin Abdul Aziz bin Ayyaf has instructed compounds and commercial centres in the Saudi capital to plant trees in their parking areas in a move aimed at increasing green areas in the city in line with the goals of the kingdom’s Vision 2030 and National Transformation Programs.

Saudi Water Partnership Company (SWPC) said it has joined hands with a consortium led by the Metito, a leading provider of total intelligent water management solutions, to reach the financial closing of the kingdom’s first independent sewage treatment plant (ISTP) being set up at an investment of $245 million.

Six leading international utility project developers have been prequalified to bid forMadinah 3, a key independent sewage treatment plant (ISTP) coming up in the Saudi city, according to the Saudi Water Partnership Company (SWPC).

Saudi Arabia-based Qiddiya Investment Company (QIC) said steady progress was being made on the kingdom’s ambitious entertainment, sports and the arts destination, Qiddiya, with the preliminary construction work due for completion in 2021.

Saudi-based Al Murjan Group has reached an agreement with Mediclinic Middle East, a unit of British heathcare group Mediclinic International, for the setting up of a 200-bed hospital on a 80,000-sq-m area in Jeddah city.

Saudi Investment Recycling Company (SIRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), is marking a major construction milestone at its first construction and demolition waste (C&D waste) recycling plant in Saudi Arabia.