Saudi Focus

Aecom, one of the world’s premier infrastructure consulting firms, has been appointed to design transport and utilities backbone infrastructure for the $500-billion futuristic city Neom, a new model for urbanisation and sustainability located in the northwest region of Saudi Arabia.

Riyadh Airports has awarded a key contract to Egis, a major international group in the construction engineering and mobility services, and its local subsidiary Projacs, to deliver project management consultancy services for airside projects at King Khalid International Airport (KKIA).

Massive investments worth over $810 billion in mega tourism projects across Saudi Arabia are expected to transform the kingdom into one of the largest leisure tourism markets in the world between now and 2030, according to research conducted by the Middle East and North Africa Leisure Attractions Council (Menalac).

Gulf Related has launched Antara, a landmark SR1 billion ($266 million) residential community development located in the Diriyah area in north Western Riyadh.

Acwa Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has announced the successful signing of senior financing agreements for the $650 million Jubail-3A independent water project (IWP).

Spanish infrastructure major Acciona said it has achieved a key construction milestone on the Al Khobar 1 project with the production of the first cu m of water (equivalent to consumption of a four-member family for a day) at its desalination plant on the Saudi east coast.