Tender deadlines near for key Saudi projects
Utilities and infrastructure deals soon as cement firm factory static
The tender process for a clutch of infrastructure and utilities projects in Saudi Arabia is soon to expire.
In Yanbu, the industrial city on the Kingdom’s Red Sea coast, applications for the main contract to build a power and desalination plant will have until 22nd September to be submitted.
The deadline also looms for the rehabilitation of a boiler at the Aziziah steel plant in Jeddah. The tender process is due to close 26th September.
The tender window for the construction Purified Terephthalic Acid (PTA) plant at Ibn Rushd's Yanbu Complex is soon to close, with building expected to commence in the first quarter of next year. The capacity of plant is 350,000 tonnes per year (t/y), the client is Arabian Industrial Fibre Company (Ibn Rushd).
Meanwhile Riyadh-based Gulf Cement Company’s plan to launch its first cement plant in the Kingdom is still at an early phase, though the company is hopeful, said an insider.
“We haven’t begun to execute the plan - it is still in the negotiation stage,” a source told CW on Thursday.
At the moment the company produces aggregates, which the source added are distributed internationally. The company is already in discussion with a number of European counterparties about construction projects for when the 5,000-tonne per annum capacity plant comes fully operational “in at least the next three years”.