A joint venture between Webuild and Shibh Al Jazira Contracting (SAJCO) has been awarded a contract worth around €1.4bn to design and build a 57km, 230km/h passenger and freight line in Neom, a 26,500km2 region in northwest Saudi Arabia that will host a proposed “futuristic eco-city.”
The contract covers the design and build for the majority of the “connector,” a rail line running between Oxagon, the region’s industrial centre, and The Line, a proposed car-free city.
The joint-venture agreement is split 70:30 between Webuild, through its local branch and its unit Salini Saudi Arabia, and SAJCO. The partnership includes civil works for two high-speed passenger and two freight tracks, with Webuild leading the execution of work. The contract also covers viaducts, road bridges, and road and rail underpasses.
The $US 500bn Neom project is one of Saudi Arabia’s key giga-projects, part of Saudi Arabia's Vision 2030 plan to diversify the country’s economy away from oil. The Line is a 170km-long city that is expected to accommodate up to 9 million people.
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