News dalla rete ITA

31 Gennaio 2024

Arabia Saudita

NEOM TO TENDER $8BN COMMUNITY HOUSING PPP DEAL

Saudi Arabia’s Neom is preparing to issue the request for proposals (RFP) for a contract to develop the second wave of its public-private partnership (PPP) housing deals for worker accommodation.  the second-wave community village scheme will include up to 20 villages, each comprising about 10,000 accommodation units.  The budget for each village could be $400m-$450m, which means the overall project could be worth over $8bn. Each village has a built-up area of 240,000 square metres. Neom finalised the $5.6bn first wave of its community villages PPP project in June last year. The preferred bidders for the first phase of its residential communities include local companies Alfanar Global Development, Almutlaq Real Estate Investment Company, Nesma Holding Company and Tamasuk, which is involved through two separate partners, Al Majal Al Arabi Group Company and Saudi Arabian Trading & Construction Company (Satco). The agreements involve building ten more communities across Neom, adding capacity for 95,000 more occupants once the project’s first phase is completed. The temporary accommodation needed during Neom’s construction period is being built sustainably as relocatable modular units that can be repurposed once the communities are no longer required. The communities will include amenities such as multi-purpose sports fields, cricket ovals, tennis courts, volleyball courts, basketball courts, swimming pools and entertainment venues. The project’s facilities and management contract is for five years, expiring in 2030, excluding the construction period. UK-headquartered consultancy Deloitte and US firm Aecom are advising the client on the housing PPP transactions.     For registration as supplier: https://www.neom.com/en-us/our-business/suppliers (ICE RIYADH)


Fonte notizia: Meed