Saudi Focus

Saudi Arabia is launching a SR3-trillion ($800 billion) plan to double the size of capital Riyadh in the next decade and transform it into an economic, social and cultural hub for the region, reported Arab News.

Work is in full swing at the King Salman Energy Park (Spark) industrial city coming up in Dhahran in the Eastern Province with 60 per cent of Phase One facilities – including infrastructure, roads and utilities and real estate assets established across 14 sq km in addition to a dedicated 3-sq-km logistics zone and dry port – fully compl

Air Products, Acwa Power and Neom have signed an agreement to set up a $5-billion world-scale green hydrogen-based ammonia production facility powered by renewable energy in Saudi Arabia.

Saline Water Conversion Corporation (SWCC) said its mega development Al Shaqeeq Desalination Plant has become operational in record time and well ahead of schedule (one-third of the specified time). It is now feeding 42,500 cu m of desalinated water per day to Asir and Jazan, reported the Saudi Gazette.

Diriyah Gate Development Authority (DGDA) has broken ground on the first phase of the mega SR75-billion ($20 billion) Diriyah Gate, one of its most ambitious developments, starting with its Bujairi District.

Saudi General Authority of Civil Aviation (GACA) officials have announced that the second phase of the development and expansion of Prince Abdul Majeed bin Abdulaziz Domestic Airport in AlUla region of the kingdom has been fully completed.

Arabtec Holding, a UAE-based contractor for social and economic infrastructure, said one of its units, Target Engineering Construction Company, has been awarded a SR200-million ($53.2 million) contract by Saudi Aramco for the replacement of five storage tanks at Ras Tanura Refinery in the Eastern Province.

Saudi Water Partnership Company (SWPC) has announced that requests for proposals have been issued to all the qualified bidders for the development of its two key independent sewage treatment plants (ISTPs) at Buraydah and Tabuk.

The Red Sea Development Company (TRSDC), the developer behind one of the world’s most ambitious tourism initiatives, has awarded its largest value contract to date for airside infrastructure works for the international airport coming up within the mega Saudi development.

Najran Cement repays loan Najran Cement Company has paid the remaining amount of SR45 million ($12.2 million) in an existing loan from Banque Saudi Fransi (BSF) to finance the company’s waste heat recovery (WHR) project.