CHEC awarded $202m excavation contract in Saudi’s Diriyah
19 December 2024
Saudi gigaproject developer Diriyah Company has awarded a SR759m ($202m) contract for the bulk excavation works at the gigaproject’s second phase.
The contract was awarded to the Chinese contractor China Harbour Engineering Company (CHEC).
According to the official statement published by the Saudi Press Agency, the excavation works will be undertaken in an area of about 6.3 square kilometres (sq km).
Once ready, the site will include Diriyah’s high-profile assets, including the Royal Diriyah Opera House and the 20,000-seater Diriyah Arena.
The latest contract award follows the $1.5bn award for Qurain Cultural District, a $2.08bn contract for the Northern District and a $2.13bn contract for the Wadi Safar development.
In May, the president of Diriyah Company said he expected the company to award contracts worth SR30bn-SR35bn ($8bn-$9bn) this year for its Diriyah project.
“We have awarded about SR53bn-worth of contracts so far, and this year we will award about SR30bn-SR35bn of contracts to achieve our targets,” Mohammad Saad, Diriyah Company president, told the MEED Saudi Giga Projects event in Riyadh.
The Diriyah masterplan envisages the city as a cultural and lifestyle tourism destination. Located northwest of Riyadh’s city centre, it spans 14 sq km and combines 300 years of history, culture and heritage with hospitality facilities.
Once complete, Diriyah will have the capacity to house 100,000 residents and visitors.
Related
-
Wärtsilä to supply 412MW of engine power for US data centre
20 April 2026
-
Hochtief team lands €1.2bn Prague metro extension
17 April 2026
-
Malaysian contractor wins $299m Burj Azizi deal
15 April 2026
-
COOEC wins Saudi Aramco offshore gas contract
14 April 2026
-
Egypt signs contracts worth $740m for two chemical projects
12 April 2026
-
Saudi firm to develop $300m Syria Beaumont project
9 April 2026


京公网安备
11010802030424号
京ICP备19046776号-2