The Roads General Authority (RGA) in collaboration with the National Center for Privatization & PPP (NCP) and Aseer Development Authority, announced the launch of the Expression of Interest (EOI) phase for the Aseer – Jazan highway project in Saudi Arabia.
The highway, spanning 136 km with three lanes in each direction, extends from the Al Farah area in the Aseer region to the Red Sea, passing through the Jazan region. It encompasses six intersections, 57 bridges totaling 18 km in length, and 11 tunnels totaling 9.2 km. The contract is of the Design-Build-Finance-Operate-Maintain (DBFOM) type, with a contractual duration of 30 years. According to RGA, the new highway aims to enhance road capacity between the two regions, supporting tourism and logistics. Additionally, it is expected to bolster Saudi Arabia's top position in the Global Competitiveness Forum's road connectivity indicators, reinforcing the country's status as an international logistics hub.
Interested bidders are required to submit their EOI by March 19, 2024. Additional details regarding this tender can be accessed through our Business Opportunity page here.
Power and Water Utility Company for Jubail and Yanbu (Marafiq) has announced the receipt of the commercial operation certificate from Saudi Water Partnership Company (SWPC) for the Jeddah Al...
Read moreThe Saudi Civil Aviation Holding Company (MATARAT) in collaboration with the National Center for Privatization & PPP (NCP), has received Bidder’s Expressions of Interest (EOI) for the propos...
Read moreTamasuk, Alghanim Consortium has announced the Financial Close of the Al Ansar Hospital PPP project in Madinah, Saudi Arabia. The initiative encompasses the financing, design, procurement,...
Read moreSaudi Arabia’s Neom has prepared 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 accommod...
Read moreSaudi Tadawul Group Holding Company (STG) has entered into a binding agreement with existing shareholders of DME Holdings Limited to acquire a 32.6% stake in the Dubai Mercantile Exchan...
Read more