Round Up
Major contracts were awarded in 2019 in our journey to meeting our targeted phase 1 completion date of 2022. In the space of one week, we awarded four contracts collectively worth SAR 1 billion ($266M) to Archirodon (enabling marine infrastructure), Saudi Group Al Majal Al Arabi (5,000 units of Construction Village), an ARCCO-Speed House joint venture (another 5,000 units of Construction Village) and Saudi Amana Contracting (management hotel).
This was soon followed by contract awards for the development of Coastal Village residential area to Al Majal Al Arabi, Coastal Village ground-work improvement to HUTA Hegerfeld and Saudi Consulting Services (Saudconsult), the design for the destination’s international airport to Foster + Partners, the construction of the coastal and inland connecting road links at the destination to leading Saudi Arabian contractor Binyah and the supply of structural low-carbon concrete to AlFalah Ready Mix.
Our leadership understands and is personally committed to provide a safe and healthy work environment for all its employees, service providers and stakeholders.
Our aspiration is to create an Incident and Injury Free environment for all those who work on or interact with our business operations. Our policy integrates with our values to provide and maintain safe and healthy workplaces and communities for all stakeholders, including the general public, employees, partners, supply chain and those who may be affected by our undertakings.
