Saudi Arabia’s Destinations Development Company (DDC), a wholly-owned subsidiary of Saudi sovereign wealth vehicle the Public Investment Fund, is expected to award the main contract to build the Monolith resort in the Al-Ula region by the end of Q2 this year.  The bids were submitted in late August. The tender for the main contract was issued in December 2023. The development, known as Project W, includes the construction of a 1,000-key Monolith resort on top of an escarpment and associated infrastructure works. The development will also include a spa, an amphitheatre, stables, horse-riding areas, a water park, a hilltop area, a sports centre, an augmented reality/virtual reality hub, an observatory and planetarium, and an 18-hole championship golf course. Project W is located on Route 375, which is a 25-minute drive from the town of Al-Ula. In April last year,  DDC had awarded an enabling works package for the Monolith resort. The tender was awarded to the local firm Ammico Contracting. In January last year, the client had issued tenders for several packages for the development. A tender for the enabling works was floated in the second half of 2023, and bids for the contract were submitted on 4 December. In August last year, DDC issued a request for proposals for the construction of a water supply network for the development. The design-and-build contract for package five of the water supply network is divided into two phases. The first phase covers the connection of Well 13 to tanks known as T2, T3 and T4. The second phase includes the installation of permanent tanks T1, T3, T4 and T5; a labour camp and batching plant; and the connection of Well 14.   For registration as a supplier: https://www.rcu.gov.sa/en/business-in-alula/supplier-portal (ICE RIYADH)

Fonte notizia: Meed