Saudi signs $133.1m deal for Kharj Industrial City
Contract to see infrastructure work on second phase of Riyadh project
An unnamed Saudi company has won a $133.1m (SAR 499m) deal for work on the second phase of the Kharj Industrial City, according to the Saudi Press Agency.
The contract, awarded by the Saudi Ministry of Commerce and Industry, will see construction of water, sewage, flood disposal and telecom works executed on the site south of Riyadh.
Signed by the Minister of Commerce and Industry and head of Saudi Industrial Property Authority (MODON), Tawfiq Al-Rabiah, the deal will help expand the industrial area by 5 million m².
It is expected that the work will be completed over a period of 30 months and will support other work being carried out on the 7.5 million m² site.
Other work in support of the Kharj project has seen MODON executing the construction of a 132-KV power plant, which is now 95% complete, as well as 132-KV overhead power lines and 13.8-KV distribution networks where work is 50% and 70% complete respectively.
Considered the fastest-growing industrial city in the Kingdom, the industrial city of Kharj will be home to industries ranging from building material, oil refineries, asphalt, iron, pottery tubes and plastics.