Italian firm celebrates $6bn Riyadh line 3 award
Salini Impregilo Group leads consortium to build 40.7km third line
An Italian-led consortium has been awarded the $6bn contract to build the 40km line 3 of the Riyadh Metro it was announced last night.
The Salini Impregilo Group will execute, as leader of an international consortium which includes Ansaldo STS (Italy), Bombardier (Canada), Larsen & Toubro (India) and the local Saudi company Nesma, a mega-contract promoted by the Riyadh Development Authority for the engineering and execution of Riyadh's New Underground Line 3 (40.7 km), the longest line of the giant underground project of the Saudi Arabian capital.
A spokemen for Salini Impregilo said: "The assigned package is an integral part of the bigger project that concerns the parallel construction of an underground network that includes six lines with a total length of about 180 km and a total value of $22.5bn.
"The total project was assigned to three different consortium that include some of the largest construction companies worldwide: the leader of the first consortium is the American Bechtel in association with Almabani, CCC and Siemens, while the leader of the second consortium is the Spanish FCC in association with Samsung, Freyssinet Arabia, Strukton and Alstom."
The announcement of these three big contracts was released during a ceremony carried out in Riyadh by His Royal Highness Prince Prince Khalid bin Bandar bin Abdulaziz Al Saud, chairman of the Ministerial Commission for Public Transport and Chairman of the High Commission for the development of Riyadh.
The total value of the package assigned to Salini Impregilo as a leader for engineering and execution of Line 3 is about $6bn, of which around $4.9bn is related to the fulfillment of the civil works.
The Salini Impregilo Group has a long-term presence in the Gulf area: in Abu Dhabi Salini Impregilo is constructing a 25 km hydraulic tunnel; in Dubai, the Group is completing new important infrastructure for the purpose of relieving congestion to the crowded World Trade Center area, while in Qatar the Group has recently started works for the execution of the North Red Line of the Doha underground.
Salini Impregilo Group has already been involved in several existing tower buildings in Riyadh.