NEOM Construction News
December 07, 2023
Contractors vie for $6.4bn of OXAGON port work
in NEOM News
by Farah - News Editor
Tendering activity is ramping up at NEOM’s OXAGON development, with contractors competing for an expected SR24bn ($6.4bn) of construction work at the industrial city’s port. Contractors have been invited to bid by 27 December for an estimated SR12bn design and build contract to deliver infrastructure and building works for Terminal 1 at OXAGON Port. The…
December 07, 2023
ENOWA to develop world’s first high-voltage smart grid
in NEOM News
by Farah - News Editor
ENOWA has developed a blueprint for the world’s first renewable, high-voltage smart grid, Peter Terium, the company’s CEO, told Arab News. In an interview on the sidelines of the 2023 UN Climate Change Conference, Terium said that the “grid of microgrids” will allow ENOWA to supply the NEOM region with sizable,…
December 04, 2023
Siranna: Hexagon-shaped luxury hotel plans unveiled in NEOM
in NEOM News
by Farah - News Editor
Plans for a new hexagon-shaped luxury hotel have been unveiled in NEOM, Saudi Arabia. Situated on the Gulf of Aqaba coastline, the ultra-luxurious Siranna will be home to 65 rooms as well as 35 exclusive residences. Like hexagonal pillars rising from the water, the futuristic hotel promises to offer uninterrupted…
November 28, 2023
Korean firm HD Hyundai wins $72 million power equipment order for Diriyah, Saudi project
in NEOM News
by Farah - News Editor
HD Hyundai Electric Co., the electrical equipment and energy solution company under South Korea’s shipbuilding giant HD Hyundai Co., has won a 94.3 billion won ($72.3 million) deal to supply power equipment for Saudi Arabia's new city development project near the Diriyah archaeological site. The company announced on Friday that…
November 16, 2023
NEOM begins TROJENA dams price talks with contractors
in NEOM News
by Farah - News Editor
NEOM has completed the technical evaluation of the proposals for the TROJENA dams. The client and the selected contractors are now negotiating the commercial aspects of the project. Earlier this year, NEOM engaged three contractors on an early contractor involvement (ECI) basis. They include a consortium of Saudi Arabia-based Al-Ayuni with Turkiye-headquartered Limak, Beijing-based…
October 11, 2023
Modular construction technology firm SIBS wins second NEOM order for 1,300 apartments
in NEOM News
by Farah - News Editor
SIBS, one of the world’s leading companies in modular construction technology company, has been awarded a new contract to deliver an additional 1,300 apartments to a large-scale residential project in NEOM, a new city coming up in northwestern Saudi Arabia. SIBS is the sole supplier chosen for this project and this…
