EmaarEC Awards King Abdullah Economic City Infrastructure Works Contract
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Nesma and Partners Awarded $146 million Infrastructure Contract for KAEC Industrial Valley and SEZ - SaudiGulf Projects
Emaar, The Economic City (Emaar EC) has announced the award of a major infrastructure contract for the development of key zones within King Abdullah Economic City (KAEC). The contract has been awarded to Nesma and Partners Contracting Co., with a total value of SAR 547.3 million (excluding VAT). The scope of the project covers infrastructure development works across the Industrial Valley and the Special Economic Zone (SEZ) at KAEC. This includes…
$150m contract awarded to develop King Abdullah Economic City
Emaar The Economic City, backed by the Saudi Public Investment Fund (PIF), has awarded a new infrastructure contract for the Industrial Valley and the Special Economic Zone at King Abdullah Economic City on the west coast of Saudi Arabia. The SAR547 million ($146 million) KAEC contract was awarded to Nesma and Partners Contracting Company, a local contractor, Emaar EC said in a statement to the Saudi stock exchange on Tuesday. The work scope inc…
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