Meed | Contractors win New Murabba early works deals

Contractors win New Murabba early works deals

26 July 2023

New Murabba Development Company (NMDC) has awarded two contracts for some of the early works packages at the New Murabba project site.

The contract awards include a site clearance package awarded to local contractor Al-Ostool al-Aali, and a fencing, hoarding and finishing works package awarded to the local Saudi Real Estate Infrastructure Company (Binyah).

NMDC has also tendered the ground excavation and the temporary site office packages.

Riyadh-headquartered Contracting & Construction Enterprises (CCE) and Binyah have submitted the temporary site office package bids. The bid submission date was 23 July.

The main contract tender for the ground excavation package has been issued and the bid submission date is 2 August.

Downtown development

Overall, the New Murabba development will total more than 25 million square metres (sq m) of floor area and feature more than 104,000 residential units, 9,000 hotel rooms and over 980,000 sq m of retail space.

The scheme will include 1.4 million sq m of office space, 620,000 sq m of leisure facilities and 1.8 million sq m of space dedicated to community facilities.

The new project will be developed around the concept of sustainability and include green areas and walking and cycling paths to promote healthy, active lifestyles and community activities.

The living, working and entertainment facilities will be created around a 15-minute walking radius. The area will use an internal transport system and will be about a 20-minute drive from the airport.

The downtown area will feature a museum, a technology and design university, an immersive, multipurpose theatre, and more than 80 entertainment and cultural venues.

Crown Prince Mohammed bin Salman al-Saud launched NMDC in mid-February to develop the project. NMDC is a subsidiary of the Public Investment Fund (PIF).

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Yasir Iqbal