Saudi-Chinese Consortium Wins $306m Qiddiya Stadium Contract
4 Articles
4 Articles
China-Saudi stadium deal puts Saudi World Cup ambitions in focus amid attacks
The project is a vote of confidence to Saudi Arabia's ambitious Vision 2030 agenda to diversify the economy away from oil, despite an uptick in attacks by Yemen's Houthi rebels on the kingdom in recent weeks.
Saudi-Chinese consortium wins $306m Qiddiya stadium contract
RIYADH: A Saudi-Chinese consortium has won a SR1.15 billion ($306 million) contract to design, supply and install curtain-wall facades at Prince Mohammed bin Salman Stadium in Qiddiya, planned for the 2034 FIFA World Cup. The joint venture, IKK Fangda JV Co., is owned by two companies: China Fangda Group’s Shihui International Holdings, which holds a 51 percent stake, and Saudi-based Isam Kabbani & Partners, a subsidiary of IKK Group, which owns…
A Saudi-Chinese consortium has signed a $306 million contract for a single element of the Stadium "Prince Mohammed bin Salman" of Qiddiya, located next to Riad, Saudi Arabia, sand-jewelry that wants to steal all the views of the 2034 World Cup. The participating association IKK Fangda JV Co. represents a tandem formed from the Chinese giant [...]
RIYADH: A Saudi-Chinese consortium has won a contract for the design, supply, and installation of curtain walls at Kidia's Prince Mohammed bin Salman Stadium, which is planned for the 2034 FIFA World Cup, for 1.15 billion Saudi riyals (360 million dollars). In IKK Fangda JV Co., which is this joint venture, Shihui International Holdings, which is a subsidiary of China's Fangda Group, holds 51 percent, and ISAM Kabbani & Partners, which is a subs…
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