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NEOM awards estimated $1bn OXAGON port contract to Saudi, Chinese and Egyptian firms

Saudi Arabia’s NEOM has awarded an estimated SR4bn ($1bn) design-and-build contract to deliver infrastructure and building works for Terminal 1 of the port at the OXAGON industrial city development.  The contract was awarded to a joint venture of local firm El-Seif Engineering Contracting, Egyptian contractor Hassan Allam Construction and Beijing-headquartered China Harbour Engineering Company.

The scope of the package includes the development of a flexible quay, the construction of several new buildings and infrastructure works. 

Contractors will be required to appoint a consultant for design execution.

The packages are the latest to be tendered for the port. In October, NEOM selected the joint venture of Belgium’s Deme and Greece’s Archirodon for the estimated $1bn contract to complete the next phase of the Duba port expansion at OXAGON. The second phase follows the award of a contract to deliver the first phase of the port expansion. A team of Boskalis, Besix and the local Modern Building Leaders was awarded that contract, with an estimated value of SR3bn ($800m), in mid-January.

Read the full story at MEED

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