Diriayah + Chinese JV to relocate KSU facilities: PIF-backed developer Diriyah Company awarded a USD 1.1 bn (SAR 4.2 bn) contract with a Chinese JV to construct and transfer King Saud University (KSU) utilities and administration offices within the Diriyah area, it said in a statement yesterday. No timeline was disclosed.

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The scope: The JV — between China Railway Construction Corporation Limited Saudi Branch and China Railway Construction Group Central Plain Construction — will be responsible for the design, construction, and transfer of KSU utilities and administration offices in the 14 sq km development.

The contract also includes the development of a cooling plant, water storage facilities, a sewage treatment plant, a synthetic natural gas plant, a diesel transfer pumping station, a utility tunnel, irrigation water storage tanks, office buildings, warehouses, and maintenance workshops.

The City of Earth marches on: The value of contracts awarded by Diriyah Company in 2025 now exceeds USD 2.9 bn, the statement said.

ICYMI- Diriyah also signed a USD 1.4 bn (SAR 5.1 bn) JV contract this month to construct the Royal Diriyah Opera House. Set to be the largest in the Kingdom, the opera house will be located along Diriyah’s upcoming 1.9 km cultural boulevard — modeled after Paris’ Champs-Élysées.

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