Red Sea International grants contract to Italian firm for
Trojena project
Red Sea
International Co. announced on Dec. 23 that it has signed a SAR 202.8
million contract (excluding VAT) with Webuild
S.p.A. to deliver integrated facilities management services for the Trojena project at NEOM.
According to a Tadawul filing, the agreement
covers operations and maintenance services for the main and secondary camps
supporting Webuild–NEOM’s Trojena Dam project. The scope aligns with NEOM’s
worker welfare standards and applicable regulations in the Kingdom.
Read More Saudi
Arabia: Italian firm Webuild wins $600 million contract for Diriyah Square
Project
The contract includes comprehensive facilities
management services, such as accommodation and housekeeping, catering and food
services, security and access control, IT and communications, and facilities
maintenance across mechanical, electrical, plumbing, civil works, roads, and
landscaping. It also covers waste management and recycling, recreational
facilities, utilities (water, electricity, sewage, and gas), fire safety and
emergency response, administration and help desk services, as well as support
functions including pest control, training, and quality assurance.
The
two-year contract is expected to begin contributing to the company’s financial
results in the first quarter of 2026. Red Sea International confirmed that
there are no related parties involved in the transaction.
Source:
Argaam
0 Comments