Press Release

Qiddiya awards landmark roadworks contract

23/10/2019

Experienced Riyadh firm, begins the road network for the Kingdom’s home of entertainment, sports and the arts

RIYADH, 23 October 2019: Qiddiya Investment Company (QIC) has awarded a contract to a Saudi company to begin roadworks that will serve the entertainment city being built just outside Riyadh.

“After many months of preparation and planning by our teams in Riyadh, we are ready to start laying the first network of roads for the project,” said Michael Reininger, Chief Executive Officer of QIC. “This progress builds on our successes earlier this year, including approval of our Master Plan and the design reveal of the Six Flags Qiddiya, and we are delighted to partner with Shibh Al Jazira Contracting Company (SAJCO), a long-standing Saudi business.”

The 14-month roadworks project will connect traffic on the Dhurma Road with one of the first developments within Qiddiya, which will include offices, shops, restaurants, a petrol station and more. It will initially serve as a base camp for the project’s on-site staff, and eventually as a staging and services center for business and project-related visitors to Qiddiya.

This road project will provide quick and easy access for design, construction and other development teams to the Qiddiya site, enabling future infrastructure works such as utilities and landscaping.

SAJCO is a family-owned company that is based in Riyadh and has roots in the Kingdom reaching back to 1965. Its projects have ranged from dams to bridges and motorways to runways.

Reininger emphasized that Saudi companies such as SAJCO will play a vital role in the creation of Qiddiya, the Kingdom’s capital of entertainment, sports and the arts.

Ziad Wehbe Sulaiman, the CEO of SAJCO, added: “We are honored to have been chosen as Qiddiya’s partner for this landmark project and our planners and site teams will bring all their resolve and their five decades of experience to bear, as we deliver this project in the months ahead.”

Along with the asphalt roadways, the project includes a grade-separated interchange that spans Dhurma Road with a slender, aesthetically pleasing bridge structures. This part of the Qiddiya project is to be substantially complete in November 2020.

“As the Kingdom’s home of inspiration, discovery and engagement, Qiddiya will be a place in constant motion. The road network that brings people to our city and distributes them within it, is a vital part of this motion – it will be the circulation system that will bring Qiddiya to life,” said Kareem Shamma, QIC’s Chief Development Officer.

Qiddiya is located on the Western outskirts of Riyadh. When the first phase of Qiddiya opens in 2023, it will directly employ approximately 17,000 people.

 

– END –

 

About Qiddiya Investment Company:

Announced by His Royal Highness Mohammad bin Salman, Crown Prince, Deputy Prime Minister, and Chairman of the Council of Economic and Development Affairs and of PIF, on 7th April, 2017, Qiddiya is a transformational project that is being built 40km from downtown Riyadh, with a total area of 334 sq. km.

The Qiddiya Investment Company (QIC) was incorporated on 10th May, 2018, as a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. QIC is driving the development of Qiddiya, the Kingdom of Saudi Arabia’s pre-eminent multifaceted entertainment destination, home of inspiration, discovery and engagement.

Visitors will enjoy access to a range of diverse activities and services across five cornerstones:

Sports & Wellness; Nature & Environment; Parks & Attractions; Motion & Mobility; and Arts & Culture. The development of these areas will give rise to theme parks, water-based activities, numerous sports arenas capable of hosting international competitions and world-class training academies, race tracks for motorsport enthusiasts, outdoor and adventure activities alongside nature and environment experiences and an array of historical, cultural and educational activities and events. Qiddiya will also include a variety of real estate options and community services.

A core element of the Kingdom’s Vision 2030, Qiddiya will unlock tremendous opportunity, enabling economic diversification, while enhancing the quality of life for Saudi citizens.

The project broke ground on 28th April, 2018 and phase one is set to open in 2023. A three-phased approach is currently underway for the entire project. 2019 will see the launch of the Qiddiya Experience Center as well as the start of construction for phase one.

Twitter: @Qiddiya

Website: www.qiddiya.com

LinkedIn: https://www.linkedin.com/company/qiddiya-investment-company/

Contact: media@qiddiya.com