Riyadh – Mubasher: Diriyah Company, owned by the Saudi Public Investment Fund (PIF), has awarded a $113.60 million (SAR 426.30 million) architecture and design contract to Omrania, according to a press release.
Omrania, part of the Egis group, will be the multidisciplinary design consultant behind a range of designed buildings in three community areas within Diriyah’s Boulevard District.
This district will become a vital focal point for the $63.20 billion Diriyah project and provide connectivity across multiple areas within the company’s master plans.
Diriyah Company has accelerated its development programme by securing major agreements for large-scale projects, with key contracts awarded to other contractors. One such deal was a $1.55 billion (SAR 5.80 billion) deal in November for the Qurain Cultural District.
Moreover, the PIF’s unit inked a $2 billion contract in July to design and construct assets in Diriyah’s Northern District. This is in addition to another $2 billion deal for constructing four luxury hotels and the Royal Diriyah Equestrian and Polo Club in Wadi Safar.
In December, the PIF-owned company awarded a SAR 758.50 million deal to China Harbour Engineering Company to undertake bulk excavation works in Diriyah’s second phase.
