Bouygues lands role on $1bn contract to build Riyadh mega attraction, Qiddiya
14 December 2021
The Qiddiya Investment Company (QIC) signed a $1bn (SAR 3.75 billion) contract yesterday with Saudi and French construction companies to build its Six Flags theme park in Riyadh.
Saudi Arabia’s Almabani General Contractors and France’s Bouygues Bâtiment International, a subsidiary of Bouygues Construction, agreed the deal at the Qiddiya Experience Centre in the Saudi capital.
Last year, GCR reported that engineer Atkins had won a three-year lead consultant role for the park, including the design for the Falcon’s Flight, which will be the longest, tallest and fastest rollercoaster in the world.
QIC was created in May 2018, and is wholly owned by Saudi Arabia’s Public Investment fund. The aim is to advance the tourism component of the kingdom’s Vision 2030 national development plan, which aims to dilute the economy’s reliance on oil and retain a portion of the $30bn that Saudis spend on foreign holidays each year.
Related
-
Vestas to supply 68 turbines for German offshore wind project
2 April 2025
-
Uganda, UAE firm sign deal for $4 billion oil refinery
31 March 2025
-
L&T wins massive QatarEnergy LNG gas project package
28 March 2025
-
Kenya-China nuclear deal sets stage for Kenya’s first nuclear power plant
27 March 2025
-
Laos signs $1.45bn deal for 1.8GW project with China Western Power
26 March 2025
-
Orascom and Técnicas Reunidas picked to build $2.6bn Saudi power plant
25 March 2025