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NEOM Official - Update on TROJENA contract in Saudi Arabia


It is hereby announced that the client NEOM has exercised the termination for convenience regarding the construction in TROJENA (Saudi Arabia) of a system of three dams designed to feed a freshwater lake, as well as the architectural structure “The Bow”.

The termination — also exercised by the client with respect to other contractors for other works in the area — will become effective on March 29, 2026. As of that date, the works are approximately 30% complete, with a remaining project backlog for Webuild of approximately €2.8 billion.

Webuild’s construction backlog, net of the residual activities related to the TROJENA contract, remains in excess of €50 billion.

Webuild is a global leader in the construction of large, complex infrastructure, with a focus on sustainable mobility, hydropower, water treatment and supply, and green buildings.

Among its most iconic delivered projects are the Grand Ethiopian Renaissance Dam, the expansion of the Panama Canal, the Long Beach International Gateway in the United States, the Second Bosphorus Bridge in Turkey, the Riachuelo environmental restoration system in Argentina, and new metro lines in cities such as Copenhagen, Paris, Rome, Milan, Naples, Doha, Thessaloniki, and Riyadh.

Read the full story at Webuild Group