NEOM said in a statement posted on its website that this social infrastructure project aims to accommodate NEOM’s growing workforce, as the agreements call for the construction of 10 housing complexes that will accommodate 95,000 workers in the various NEOM projects by the end of the first phase.
These agreed residential complexes will be temporary and will be constructed in a sustainable manner as modular units that can be reused for other functions.
The new complexes will offer basic services, such as health care clinics and fire stations, in addition to numerous recreational facilities, such as multi-purpose sports grounds, cricket, tennis, volleyball, basketball, swimming pools and various recreational facilities, according to the statement.
According to the statement, the winning companies for the first phase contracts include a number of Saudi companies, including: Al-Fanar International Development, Al-Mutlaq Real Estate Investment (AREIC) and Nesma Holding, while Tamasah Holding Company is participating. to the project. through two partners: Al-Majal Al-Arabi Group and Al-Arabiya Company Saudi Trading and Construction (SATCO).
And “NEOM” is a giant project located on the Red Sea, in the northwest of Saudi Arabia, and aims to build commercial and tourist destinations and residential complexes, and the investments of the first phase amount to 1 .2 trillion riyals ($327 billion). The Kingdom aims for the city’s population to reach one million by 2030, rising to 9 million by 2045.
In its statement today, “NEOM” said that the temporary housing complexes for workers are an important step in achieving its goals and completing its projects on schedule, as it is currently building its major projects, such as “The Line”, “Trogina”, “Oxagon”, and the island of “Sendala” and the existing infrastructure projects are rapid and successive developments.
She added that the agreements for the first phase of the residential complex project, which have been signed, pave the way for increased private sector participation in the development of infrastructure projects in “NEOM”.
The scope of the agreements will cover the design, financing, construction, operation and maintenance of the residential complexes.
The company said the second phase of the temporary residential complex project is expected to be offered for award in the coming months, while ensuring that a list of pre-qualified companies is prepared and the interest of potential investors is gauged. winning the projects. of the new phase.
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