Qiddiya Investment Company (QIC), Saudi Arabia announced in a statement regarding the award of a contract to build Saudi Arabia’s first and the region’s largest water theme park.

The Project has been awarded to the Joint Venture of ALEC Saudi Arabia Engineering & Contracting and El Seif Engineering Contracting.

The value of the Contract is SAR 2.8 billion (USD 746.6 million).

The park will cover 252,000 square meters of land and will be home to 22 rides and attractions – including nine that will be world firsts.