Gelonghui July 11 丨 China Construction (601668.SH) announced that the company and Saudi El Seif EngineeringContracting Co. Ltd. formed a consortium and received a letter of award for the King Salman Knowledge Zone Project (this project) in Saudi Arabia.
The project is located in the Diriyah region of western Riyadh, the capital of Saudi Arabia. The construction area is about 0.34 million square meters, and the contract cost is about 2.08 billion US dollars. It mainly includes iconic cultural buildings such as King Salman University, Capella Hotel, Saudi Royal Museum, King Salman Library, and King Salman Cultural Plaza. This project is a major project invested and built by Saudi Arabia to further enhance education, culture and tourism standards in the capital Riyadh under Saudi Arabia's “Vision 2030”.