Webuild wins SAR 2.3B deal in Diriyah

Italian contractor Webuild secured a $600 million (SAR 2.3 billion) contract to build a cultural and commercial center within the Diriyah Square project.

 

For more news and details on the projects

 

In a statement today, July 14, the company said the new contract, known as Package 3 Finishing and MEP, involves the construction of more than 70 buildings and public spaces. It also covers fit-out, mechanical, electrical, and plumbing works.

 

The project will span around 365,000 square meters in total area, the statement added.

 

The Diriyah Gate Development Authority (DGDA) began phase one of the SAR 75 billion restoration and development of historic Diriyah in June 2020. Its seven-km² masterplan features a wide range of tourism, entertainment, and cultural destinations.

 

Diriyah Co. CEO Jerry Inzerillo told Argaam earlier this year that all projects are proceeding on schedule and within budget. He confirmed that the historic area, including Wadi Hanifa and Wadi Safar, will be ready to host visitors for Expo 2030.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request