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Turkish contractor in talks for Saudi Arabia's landmark stadium project, industry leader says


Aleading Turkish construction company is being considered for one of 17 new stadiums planned in Saudi Arabia's NEOM project, Eyup Vural Aydin, chairman of Türkiye’s Public-Private Partnership (PPP) Research Center and member of the Saudi National Center for Privatization and PPP (NCP) Advisory Board, said on Wednesday.

Saudi Arabia's NEOM mega-city project, backed by $500 billion in planned investment, also includes new airports, rail systems, bridges, water facilities and hotels.

Describing it as a nationwide transformation, Aydin said: "NEOM is only the showcase, but the transformation reaches much further."

Aydin emphasized that Turkish firms are well placed to benefit from this investment wave due to their background in public-private partnerships, also known as build-operate-transfer (BOT) projects.

Turkish companies already have a 40-year history in Saudi Arabia, ranging from ports and airports to water treatment and rail systems, he highlighted.

Aydin underlined that opportunities in Saudi Arabia are not limited to construction. He said Turkish companies have evolved to manage facilities and provide services, not only build them.

Read the full story at Turkiye Today