Qiddiya awards $533m contracts for giga-project to Saudi firms

The most recent contract award, a three-year $293.150 agreement to construct major roads and bridges on the upper plateau of the site, was recently won by Haif & Freyssinet (File/Shutterstock)erstock)
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Updated 26 November 2020
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Qiddiya awards $533m contracts for giga-project to Saudi firms

  • The most recent contract award, a three-year $293.150 agreement to construct major roads and bridges on the upper plateau of the site, was recently won by Haif & Freyssinet
  • All contracts have been fully awarded to Saudi companies, Qiddiya said in a statement

Qiddiya Investment Company (QIC) awarded construction contracts of $533m (2 blln riyals) on the Qiddiya giga project, since construction began some 12 months ago.

The most recent contract award, a three-year $293.150 agreement to construct major roads and bridges on the upper plateau of the site, was recently won by Haif & Freyssinet – a joint venture contract between the two local firms – allowing QIC to cross the 2 billion riyals mark.

All contracts have been fully awarded to Saudi companies, Qiddiya said in a statement.

During lockdown, Qiddiya ensured all necessary safety precautions and protocols were followed and was able to continue with construction as planned.

Work progressed without interruption as much of the current primary infrastructure work can be done at safe distances, adhering to all Ministry of Health guidelines.

Qiddiya aims to develop more strategic partnerships and to continue with heavy construction well into 2022 – making it ready for the testing and commissioning phase, ahead of its grand opening in 2023, the statement concluded.

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Trucks and vehicles crossing Saudi Arabia’s ports up 24% in 2025, reaching 4.7m

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Trucks and vehicles crossing Saudi Arabia’s ports up 24% in 2025, reaching 4.7m

RIYADH: The number of trucks and vehicles entering and exiting through Saudi customs ports jumped to 4.7 million in 2025, recording annual growth of 24 percent compared with 2024, according to the Zakat, Tax and Customs Authority in statements to Al Eqtisadiah. 

Specialists in the logistics services sector attributed the increase to transformation in the field, starting with raising the efficiency of ports, speeding up procedures, and adopting unified platforms to facilitate processes for importers and exporters. 

The authority reported that the total number of trucks and vehicles that crossed Saudi customs ports over the past three years exceeded 11.8 million trucks and vehicles, with an annual average of 4 million, of which 6.3 million were incoming vehicles and 5.5 million were outgoing. 

Five ports recorded the largest share of truck and vehicle traffic: Al Batha, Al Haditha, King Fahd Causeway, Al Khafji, and Salwa, which are all considered key arteries for interregional and regional trade movement. 

The authority indicated that customs ports completed procedures last year for 2.6 million trucks and vehicles arriving in Saudi Arabia, in addition to 2.1 million trucks and vehicles departing, reflecting the efficiency of procedures and the speed of completing customs operations. 

On the operational side, land, sea, and air ports completed procedures for 2.5 million containers and cleared 7 million customs declarations, alongside the authority’s expansion in developing procedures and programs that support the flow of goods. 

Chief among these was the launch of the updated version of the Saudi Authorized Economic Operator Program, with the participation of 14 government entities. 

The program contributed to increasing the number of registered establishments from 560 establishments in 2024 to 753 by the end of 2025, a growth rate of 34.5 percent, enhancing the reliability of supply chains and raising the efficiency of logistics operations in line with global best practices. 

Smart platforms and ports behind the growth 

Supply chain and operations management consultant Khaled Al-Zahrani explained that these positive indicators do not only reflect growth in traffic volume, but also expansion in the application of digital solutions and the linking of entities through unified platforms, which helped reduce operating costs for importers and exporters. 

Logistics specialist Nashmi Al-Harbi said that the efficiency of customs ports indicates the development of digital and operational infrastructure through faster procedures and building trust with trading partners, which reduces customs clearance time and enhances supply chain flexibility. 

In turn, Sami Al-Otaibi, a specialist in logistics services and customs clearance, explained that infrastructure projects and smart ports have begun to yield tangible results on the ground.