NEOM has set in motion plans to start issuing tender documents for construction work on one of its projects, THE LINE. The tenders for the gigaproject are expected to be issued out before the year ends. The developer for the massive project recently pointed out the expected timeline for upcoming construction packages.
This includes several building modules as well as a hidden marina. NEOM is already the largest construction project in the world with a $500 billion investment. The project is also one of the world’s most active construction projects with more than $30bn contracts awarded. The tenders being issued out covers the construction of basements for various modules. It also covers for the construction of rafts and an onsite basement precast yard facility.
THE LINE request for proposal (RFP) issue date for the basement precast yard facility is scheduled for January. The contract is expected to be awarded by August. The RFP for the basement for module 46 is expected to be floated in January. The contract is expected to be awarded in July to the preferred bidders. The RFP for the module 45 is in January 2025 and the tentative contract to be awarded in July the same year.
The module for RFPs for the other modules are expected to be tendered in February 2025 and anticipated to be awarded in August 2025. THE LINE is one of the most anticipated projects in the Saudi Kingdom as progression gains pace.
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