News tagged "Public investment fund (pif)"

Aecom wins PMC contract for Saudi Arabia's US$ 500 bn Neom gigaproject

Aecom wins PMC contract for Saudi Arabia's US$ 500 bn Neom gigaproject

3rd July 2019

According to *Constructionweekonline news report, American engineering giant Aecom confirmed it had been awarded a project management consultancy (PMC) contract for Saudi Arabia's $500bn (SAR1.9tn) Neom gigaproject, which is being developed with the backing of the Crown Prince Mohammed Bin Salman-chaired Public Investment Fund (PIF).[..]

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World’s largest entertainment city set to open in 2030 in Saudi Arabia

World’s largest entertainment city set to open in 2030 in Saudi Arabia

2nd July 2019

According to *ME Construction News report, the Qiddiya Investment Company (QIC), wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, on Wednesday, unveiled the masterplan for what is set to become the world’s largest entertainment city by 2030. Located 45 km from capital Riyadh, the 334 sq. km area will be an integrated destination for sports, entertainment and the arts.[..]

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Seven unveils seven entertainment development projects in Saudi Arabia

Seven unveils seven entertainment development projects in Saudi Arabia

3rd May 2019

According to *Constructionweekonline news report, Saudi Entertainment Ventures (Seven), a subsidiary of Saudi Arabia’s Crown Prince HRH Mohammed Bin Salman-led Public Investment Fund (PIF), has unveiled seven entertainment development projects, including a theme park and three cinemas, to be constructed in the kingdom as the country's Vision 2030 economic diversification mandate continues to move future revenue sources away from oil.[..]

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Pre-construction work starts on The Red Sea Project

Pre-construction work starts on The Red Sea Project

28th February 2019

According to *Constructionweekonline news report, pre-construction work has started on The Red Sea Project, a gigaproject backed by Saudi Arabia’s Crown Prince Mohammed Bin Salman-led Public Investment Fund (PIF), with the enabling stage of the scheme set to deploy modular and prefabricated engineering techniques.[..]

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SJIF signs agreement with Aseza to develop US$ 705.2 mn rail network

SJIF signs agreement with Aseza to develop US$ 705.2 mn rail network

11th February 2019

According to *ME Construction News report, the Saudi Jordanian Investment Fund (SJIF) said it has signed an agreement with Aqaba Special Economic Zone Authority (Aseza) to develop a rail network at an investment of $705.2 million that will connect Aqaba’s seaports to a dry port in the Ma’an region forming the first phase of Jordan’s nation railway network.[..]

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​Construction on Qiddiya to start in 2019

​Construction on Qiddiya to start in 2019

9th January 2019

According to *Constructionweekonline news report, construction on Qiddiya, Saudi Arabia’s planned 334km2 entertainment gigaproject by Public Investment Fund (PIF), will reportedly start this year.[..]

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