Darco Real Estate Company has announced a US$129 Mn project in the Al Shati district of Jeddah. The project will span approximately 20,000 square meters over a waterfront area in Jeddah. It will feature 28 buildings with over 500 residential units, 600 parking spaces, and an assortment of recreational and sports facilities.
In Saudi Arabia, a joint venture of Hassan Allam Construction Saudi, El Seif Engineering Contracting, and China Harbour Engineering Arabia was awarded a major contract by the Port of NEOM, located in Oxagon.
The scope of the project includes an Engineering, Procurement, and Construction (EPC) contract for developing Port of NEOM’s Container Terminal 1 and the Marine Services Area (MSA), covering the design and construction of all MSA and T1 buildings, as well as the infrastructure and entrance zone to the new terminal, set to open in 2025.
ROSHN Group announced the development of an iconic 45,000-seat stadium spanning over 450,000 square meters in Southwest Riyadh. The landmark mixed-use project will encompass a wide range of shops, restaurants, and hospitality venues, and at its heart lies the main sports and event floor, seamlessly connecting the various facilities with an open and cohesive design.
