Qiddiya awards $750mn water park contract to ALEC Saudi-El Seif JV – Construction Week Online
- Date: 24-Feb-2022
- Source: Construction Week
- Sector:Real Estate
- Country:Saudi Arabia
Qiddiya awards $750mn water park contract to ALEC Saudi-El Seif JV – Construction Week Online
Qiddiya Investment Company (QIC) has awarded a $750mn (SAR2.8bn) contract to build Saudi Arabia’s first and the region’s largest water theme park.
The contract was awarded to ALEC Saudi Arabia Engineering & Contracting and El Seif Engineering Contracting, in a joint venture (JV) between the two companies.
The Qiddiya Water Theme Park will be one of the key entertainment attractions at Qiddiya, the future capital of Entertainment, Sports and Culture.