Qiddiya Signs SAR 700 Million Major Roads & Bridges Contract
The Qiddiya Investment Company
(QIC) has continued to achieve its construction targets despite
the current global pandemic situation, awarding a three year
major stormwater drainage, roads and bridges contract to
leading Saudi firm, Shibh Al Jazira Contracting Company
(SAJCO).
“Although 2020 has presented some unprecedented
circumstances, Qiddiya has proudly sustained a “business as
usual” protocol, signing our second major construction
contract with SAJCO and achieving yet another major
construction milestone for this year. The stormwater drainage,
roads and bridges will provide access to all facilities and
assets on the lower plateau of our site, enabling the transport
of key construction materials to the various development sites
within Qiddiya’s lower plateau,” said Michael Reininger, Chief
Executive Officer of QIC. “Once again, we are pleased to be
working with an experienced Saudi company and we look
forward to announcing even more major contracts later this
year”.
This agreement includes the creation of 45 kilometers of
roads and seven bridges and grade-separated interchanges
that will provide access from the main approach highway,
deep into Qiddiya’s Resort Core with its theme parks and
other attractions, towards the Motion Zone, home to
world-class motor racing facilities, and to Qiddiya’s
spectacular Golf and Equestrian Community with its
championship courses and beautiful residential offerings. To
build these roads, SAJCO will excavate 6.5 million cubic
meters of earth, utilize more than 80,000 cubic meters of
concrete for the bridges and associated structures and 1.2
million square meters of asphalt for the road surfaces.
The construction has begun this month. It will take over 1,000
skilled workers to complete the task.
“Since its foundation, SAJCO has been building important
infrastructure, and it makes us proud to be part of developing
a national giga-project like Qiddiya and to be selected as a
key partner for this significant part of the journey. Another
focus for us is to aid the National Transformation Program
2020 and the Saudi Vision 2030 and we are delighted to
work with Qiddiya, as the giga project that will change the
entertainment and economic landscape of Saudi forever,” said
Zyad W. Suleiman, CEO of SAJCO.
SAJCO, established in 1965, is one of the leading companies
in the field of contracting and construction in the Kingdom of
Saudi Arabia. It has accumulated extensive experience in
different fields of construction and maintenance as well as
industrial, trade, educational and commercial.
Qiddiya’s vision is to create a new city recognized on the
world stage as the home of the most innovative and
disruptive experiences in Entertainment, Sports and the Arts.
Qiddiya will continue with both heavy construction and
developing strategic partnerships well into 2022, at which
time it will move into the testing and commissioning phases,
ahead of its grand opening date the following year.