Saudi Arabia’s Qiddiya Investment Company has selected a joint venture of local contractor Albawani and Qatar-based Urbacon Trading & Contracting Company to deliver its Water Park Hotel at Qiddiya’s resort core.
Qatari Ammico Contracting Company undertook the foundation works. The mobilisation works for the main structure are yet to commence.
The scope of the contract involves the construction of a four-star hotel with 400 keys. The project is part of the resort core at Qiddiya Entertainment City.
Dubai-based DSA Architects International and the UK’s Omto Architects are the project consultants.
The client issued the tender for the main contract in March, and the bid submission deadline was 15 May.
Qiddiya projects
Qiddiya Investment Company is gearing up to deliver several components of its Qiddiya Entertainment City project.
In August, MEED reported that the contractors were preparing the infrastructure bids for an estimated $500m roads, utilities and tunnels package.
The client is also evaluating bids for the main construction contract for a 5,300-seat e-games arena at its sports complex. The hall will provide space for local, national and international competitions.
Work on the Qiddiya sports complex includes the construction of a stadium, a multi-sports hub, two golf courses, training facilities and an aquatic centre.
In February, Saudi construction and utility services company Keir International secured an SR68.9m ($18.36m) contract for the Qiddiya water theme park. The scope of work includes engineering, design, electrical, communications, civil and electromechanical works.
Qiddiya is an entertainment destination being developed on a 367 square-kilometre site located about 45km from Riyadh city centre. The project is funded directly by the Public Investment Fund.
Qiddiya Investment Company plans to raise additional funding through a bond or sukuk offering and private investment. The development will be served by a new metro line and is expected to open its first phases to the public by the end of 2024.