China's CSCEC secures a $2bn contract to build a mixed-use district in Diriyah, Saudi Arabia, for the Diriyah Company.
China State Construction Engineering Corporation (CSCEC) secures a $2bn contract to build a mixed-use district in Diriyah, Saudi Arabia, near Riyadh, for the Diriyah Company. The development includes educational institutions, cultural venues, modern offices, and a luxury hotel, and marks the largest single contract for the Diriyah Company. Construction begins Q3 2024 and is part of Saudi Arabia's Vision 2030 plans.
July 10, 2024
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