SAUDI ARABIA'S BIG 25 CONSTRUCTORS Saudi Arabia’s most important construction Compiled by Construction Week and Venture Middle East. ho are the key companies | the King Abdulaziz international Airport | Arabian capital city of Riyadh, the company behind one of the biggest | national redevelopment programmes in the world in the Kingdom of Sauci Arabia? ‘The Big 25 List shows the companies that are constructing the new kingdom, from roads and railways to hundreds of thousands of new homes and complete cities. ‘The list is dominated by family-run firms. like the Saudi Binladin Group and Sauci (Oger. both of which have held ther place for decades and still secure the largest projects. However, the last few years have also seen a proliferation of fast-growing locat firms along with joint ventures between KSA contractors and international companies. With the Kingdom of Saudi Arabia only faltering slightly during the economic crisis and in the wake of heady government investment across all sectors the construction market is in many ways more fiercely contested than ever. SNe The kingdom's largest construction firm has continues to reinforce its prestige year fon year, with the mammoth $7.2 billion contract win in 2010 for the first phase of in Jeddah and the 2011 award of the long anticipated deal fr the Kingdom Tower Following its inception in 1931, the firm's reputation was first secured when ties between King Abdulaziz Al Saud - the founder of Saudi Arabia - and SBG's chairman Mohammed Binladin saw the firm extend the holy mosques in Mecca and Medina. In 1964 it also reclad the Dome of the Rock in Jerusalem, nouns Abdullah AL Rashid & Brothers was established in 1957 in Al Hufof city. Upon relocating its headquarters to the Saudi ies. merged with Rashid Abdulrahman Al Rashid Company to form Al Rashid Trading & Contracting Company. In partnership with Germany's EADS, RICC secured one of the most high-profile but sensitive projects to be tendered in Saudi Arabia in years. The kingdom's $3 billion border fence project covers a distance of about 6000km to detect incursions along its border with Iraq, Yeren, Jordan, Kuwait and Qatar. In 2009 it also won a $427 million contract to build residences for staff at King Saud University in Riyadh, Al-Ayuni Group has been in the Kingdom since 1960, where it worked as a sub- contractor for road construction until 1972 whenit was registered as general contractor, By 1976 Al-Ayuni had major road projects for both the Ministry of Communications and the Ministry of Rural Afar. In 2006 Al-Ayuni Investment and Contracting Company was graded as 2 “First Class” contractor, having carried out booth public and private sectors and with MARCH 20-APRL 5, 2019 CONSTRUCTION WEEK 67SAUD! ARABIA'S BIG 25 CONSTRUCTORS ‘more than 35 years in the fields of rock blasting piling , concrete, earth works and asphaling it has built more than 1,500km of roads and AlAyuniisinvolved in 473km of highway in the country for the Ministry of Transport, including work on the 190km Doubling Highway Project Tabouk, the 125km Bisha: Tathleeth Highway and the 158im Jeddah- Jizan Doubling Highway. The firm established itself in the kingdorn in 1965 with offices in Riyadh, Lebanon, Kuwait and the UAE. It has experience across a range of projects, from heavy civit ‘works and highways to residential villas and palaces, such as the governor residences of the Interior Ministry at Baha, Mecca and Najran It has also been involved in a number of education projects, including the Taibah University expansion and the headquarters of the Saudi Arabian Ministry of Education. Most recently, in October 2012 Al Harbi Contracting won a $24m contract for the for infrastructure works at Emaar The Economic City, covering the 210-hectare Phase 1 of the city’s industrial zone. Al Harbi will undertake road building, ground works, water and electricity systems over twelve months. Bemco was formed in 1968 and has developed into a top EPC Contractor in industrial and power projects including co-generation, combined cycle and steam power plants in the country. Bemco has undertaken some the largest and most challenging projects in Saudi Arabia ‘and employs a workforce totaling 18,000 employees and in 2011 had 9% ongoing projects. {4 CONSTRUCTION WEEK MARCH 3O-APRIL, 2013 {In 2007, Arabian Berico was awarded 2 $570m contract with the Saudi Electric Company [SEC] to buid the 2500MW Qurayyah Open Cycle Power Plant in the Eastern Province of KSA, andin 2010 Bemco was awarded a further $550m contract to convert the project to @ combined cycle plant In May 2012, Arabian Bemco signed a $1.3bn deat with SEC to build a 2.175 MW grass root combined cycle power plant in Riyadh, Saudi Arabia. ‘A\Shoula Group wes founded in 1970, andis owned by Saudi Arabia's Prince Mishaal bin Abdul Aziz, Administrative control passed on to Prince Mishaal's son, Prince Abdulaziz bin Mishaal in the late 1990s, and is known for expertise in real estate development. The group has played a leading rote in the Saudi-Spanish consortium that secured the $9.4bn contract for Phase 2 of the Haramain High Speed Railway Project, which included two Saudi companies and a total of 12 Spanish companies and including Talgo, Renfe and Adit, Al Shoula will also procure | roling Stock and operat the line for 12 years. ‘The company has @ broad exposure of multi-billion dollar projects in Saudi Arabia and throughout the Gulf, including incement manufacture and petrochemical industries ‘Almabani_ was founded in Jeddah in 1972 by Lebanese politician Nehme Tohme and ‘Almabani General Contractors has since expanded to become one of the kingdom's largest contractors, with offices in Khobar, Riyadh, Jubail, Beirut and Qatar, with an established niche in aviation-led projects. itis carying out the redevelopment of seven regional airport runways, including one of the largest tunnel projects in the GCC = a $411m contract for road tunnels, under Riyadh airbase. It will build three tunnels: two running for 800 metres and the third extending for 1.7km along the arterial roads It includes associated works Uke the construction of groundwater and stormwater pumping stations. Suring 1991, the company opened ‘a branch office in Muscat, and helped delineate the borders between the Kingdom. of Saudi Arabia, Oman and Yemen. By the company’s own estimation itis 12th in the Saudi contractor market. Al- Fouzan Trading and Contracting Companyis among the most rapidly growing Saudi companies. In the last five years the company has executed several huge projects with particular success in the healthcare sector. It built the King Abdullah Medical City in Makkah, 2 500-bed project for the Ministry of Health, and was awarded 2 $133m contract in 2010 for the construction of theSAUDI ARABIA'S BIG 25 CONSTRUCTORS more than 35 years in the fields of rock blasting, piling , conerete, earth works and asphaling. It has built more than 1,500km of roads and AlAyuniis involved in 473km of highway in the country for the Ministry of Transport, including work on the 190km Doubling Highway Project Tabouk, the 125km Bisha~ Tathleeth Highway and the 188lm Jeddah- Jizan Doubling Highway. The firm established itself in the kingdom in 1965 with offices in Riyadh, Lebanon, Kuwait and the UAE. It has experiance across a range of projects, from heavy cil works and highways to residential vilas and palaces, such as the govemor residences of the inlerior Ministry at Baha, Mecca and Najran It has also been involed in a number of education projects, including the Taibah University expansion and the headquarters of the Saud Arabian Ministry of Education Most recently in October 2012 Al Harbi Contracting won a $2ém contract for the for infrastructure works at Emaar The Economic City, covering the 210-hectare Phase 1 of the citys industrial zone, AL Herb will undertake road building, ground works, water and electricity systems over twelve months, Bemco was formed in 1968 and has developed into a top EPC Contractor in industrial and power projects including co-generation, combined cycle and steam power plants in the country. Bemco has Undertaken some the largest and most challenging projects in Saudi Arabia and employs @ workforce totaling 18,000 employees and in 2011 had 96 ongoing projects, {68 CONSTRUCTION WEEK MARCH 30-APRIL 5, 2013 In 2007, Arabian Bemco wes awarded 2 $570m contract with the Saudi Electric Company (SEC} to build the 2500MW Qurayyah Open Cycle Power Plant in the Eastern Province of KSA, andin 2010 Bemco was awarded a further $550m contract to convert the project to a combined cycle plant In May 2012, Arabian Bemco signed a $1.3bn deal with SEC to build 2 2,175 MW grass root combined cycle power plant in Riyadh, Saudi Arabia, ‘ALShoula Group was founded in 1970, and is ‘owned by Saudi Arabia's Prince Mishaal bin to Prince Mishaals son, Prince Abdulaziz bin Mishaal in the late 1990s, and is known for expertise in real estate development. The group has played 2 leading role in the Saudi-Spanish consortium that 2 of the Haramain High Speed Reilway Project, which included two Saudi companies and a total of 12 Spanish companies and including Talgo, Renfe and Adif. Al Shoule will also procure rolling Stock and operate the line for 12 years The company has a broad exposure of multi-billion dollar projects in Saudi ‘Arabia and throughout the Gulf, incluing incement manufacture and petrochemical industries Abdul Aziz, Administrative control passed on | secured the $9.4bn contract for Phase | ‘Almabani_ was founded in Jeddah in 1972 by Lebanese politician Nehme Tohme and Almabani General Contractors has since expanded to become one of the kingdom's largest contractors, with offices in Khobar, Riyadh, Jubail, Beirut and Qatar, with an established niche in aviation-led projects. It is carrying out the redevelopment of seven regional airport runways, including cone of the largest tunnel projects in the GCC - a $411m contract for road tunnels under Riyadh airbase. It will build three | tunnels: two running for 800 metres and the third extending for 1.7km along the arterial roads. It includes associated works Uke the construction of groundwater and stormwater pumping stations. Suring 1991, the company opened a branch office in Muscat, and helped delineate the borders between the Kingdom of Saudi Arabia, Oman and Yemen. By the company’s own estimation, itis 12th in the Saudi contractor market. Al- Fouzen Trading and Contracting Companyisarriong the most rapidly growing Saudi companies. In the last five years the company has executed several huge projects with particular success in the healthcare sector. It built the king Abdulish Medical City in Makkah, 2 500-bed project for the Ministry of Health, and was awarded 2 $133m contract in 2010 forthe construction oftheuniversity hospital in Dammam. In 2012 the firm also won a $260m deal to build three medical tower projects at King Saud Medical City, Prince Saiman Hospital and Al-Iman General Hospital Stillin familyhands, the companyis chaired by Mohammed Abdullah Al Fouzan and vice~ chaired by Ahmed Abdullah Al Fozan, Tarek ‘Al Fouzan is chief executive oficer. The ABV Rock Group Limited Company originates from Armerad —Betong \Végférbattringar, which was founded 1918 in Sweden. In 1974 ABV registered in Saudi ‘Arabia and opened an office in Jeddah with branch in Yanbu, $24m ‘AlHarri infrastructure at Economic City $3.03bn ‘Saudi Oger toans since 2011 During the mid-1980s the group was contracted for the execution of the nationwide Saudi Strategic Storage Program (SSSP} which commenced in 1987 ‘and was handed over 22 years leter in 2010. The core activities of the company are underground storage including tunneling, road construction and pipelines, Gaaonaai One of the kingdom's oldest contracting firms, it dealt initially in commerce and transport sectors where it comprised a large vehicle fleet, El Seif established in general contracting in the Kingdom in 1975, with branch offices across the SAUDI ARABIA'S BIG 25 CONSTRUCTORS, regoin Doha, Dubai, Abu Dhabi and Beirut Under it chairman, Khaled Musaed Al Seif, also chairman of the Saudi-British Joint Business Council, the company has grown to over 15,000 employees specialising in hospital projects and tall- tower developments, as well as defense and military projects. The firm has been involved in several iconic projects including | the symbolic Kingdom Tower in Riyadh, the Jewels Twin Towers project in Dubai Marina ‘and Qatar's Sithouette Tower. In 2010 the El Seif was awarded a $240m contract to build a new headquarters for | the Samba Financial Group in the King Abdullah Financial District Its the construction company of Gukurova Group, which dates back to the emergence of the Turkish Republic in 1923, During the past 35 years the company successfully | increased its volume of business steadily both in Turkey and abroad, and the value of its present contracts under execution is in excess of $1.7 bition, tn March 2012 the Jabal Omar Development Company awarded a $397m contract to Baytur Construction Company and Aemeel Contracting & Construction Corporation for the construction of four hotel towers over 24 months as part of the second phase of the Jabal Omar project. International Center for Contracting (IC) was founded in 1977 in Jeddah, and now has around 1,700 employees, making it one of the few Grade 1 contractors in the Kingdorn able to take on projects worth more than $133m, Originally 2 family business, in 2008 the Drake & Scull Group (OSG) and ACWA Holding have purchased | {a majority of IC stock. The company is as a result a forward-thinking company with a solid heritage and background, guided by the same principles since its formation, Saudi Binladin’s main rival, Saudi Oger occupiesasimilarsphere ofinfluencewithin the kingdom's construction sector. Since its inception in 1978 by former Lebanese Prime Minister Rafiq Hariri - when he took ‘over the French firm Oger - the family firm has become a multi-divisional giant with subsidiaries in Dubai, Abu Dhabi In 2007 the firm won work valued at approximately $5 billion. It conducted the first and largest package on the Princess Nourah bint Abdulrahman University for Women after producing the lowest bid at $3.33 billion. In 2011 the company raised 2 $2 billion syndicated loan to finance the construction of police training faclities in the Kingdom, and in February this year secured 2 further Saudi Oger secures $1.03bn loan to restructure its finances. Founded by the late Shiekh KamalAdharnin 1978, the company commenced operations in the specialised fields of pre-fabricated and pre-stressed concrete, The fir evolved and grew into general contracting including building complexes, hospitals, industrial projects and other civil projects. Possibly one of the lower ARCH 30-APRIL 5, 2019 CONSTRUCTION WSAUDI ARABIA'S BIG 25 CONSTRUCTORS profile firms, Saudi Freyssinet nonetheless consistently secures major residential and real estate projects in the kingdom, Notably, it won a US $191.98 million contract to buld commercial. buildings in King Abdullah Economic City {KAECI, a $853 million contract for work with Saudi Binladin Group on the light raiway in Riyadh's Princess Noura bint Abdurahman University for women and the $193.3 milion Corniche Tower in the city of Jeddah, er TIN Mt 1979 Abdullah Alsayed Company and his pariners made their first step in contracting in 1979, From then on the firm has continued to flourish starting from one city Until it covers most of the Kingdom cities, distinguishing itself in particular in the social infrastructure sector, In education, the company has built numerous technical colleges affiliated to the General Organization for Technical Education in Dawadmi, Wadi Aldwaser and Hafer Albaten ; the Faculty of Dentistry in King Faisal University ; and, the University of King Abdul Aziz in Jeddah, Tarouk began in electromechanical works in 1979 and today employees 500 People. In 2010 Saudi Lebanese Tarouk S50 CONSTRUCTION WEEK MARCH 20-APRIL, 2019, Contracting Co. and First Gulf Company for | Supplies & Contracting Lid. and obtained 2 Saudi government contract for media development valued at $32 million. The contract is for the construction and supply ‘ofradio and television production centers in Arar, Al Jouf, Najran and Al Baha, Al Arras Contracting Company - 1983 Having been established in 1983, the’ Riyadh-based Al Arrab Trading & Contracting has expanded from simple contracts into one of the kingdom's major contractors, with 16 subsidiaries and 12.000 members of the workforce. Al Arrabis the Saudi-based construction company of Al Rejhi Holding with is a business group established by the Al Rajhi family int96, AL Rajhi has witnessed aggressive and sustained growth since 1970, and is now a leading industrial company in Saudi Arabia, and the largest ‘Saudi investor in the UAE. Founded in 1987, Al Latifia has grown into a large scale construction company operating throughout the kingdom, In 2010 it was awarded 2 $400m contract forthe construction of a business and residential complex for the General Organisation for Social Insurance in Riyadh, including six high-rise towers, an underground car parkanda business centre In September 2012 it won a healthcare project worth $316m from the Ministry of Health for King Fahad Medical City in an equal joint venture with Habtoor Leighton Group [HLG The Riyadh project will include two 11-storey buildings for neurosciences and cancer treatment centre; a three- storey cardiac centre and @ further seven-storey laboratory block. A second contract awarded in October 2012 and worth $74m will also see Al Latifia and HLG build a proton therapy centre, to | be built two levels underground in a heavily-Lined radiation proof bunker. The Azmeel group was established in 1988 bythe renowned Al Jabr family, and its roots stretch even further back to the early sities when it got move on track under different names. Azmeel Contracting has had a sustained presence in Royal Commission Projects, and working with Bechtel, SABIC, Mavaden, the Ministries of Education and Interior and also the petrochemical private $3.2bn TAY contract for Midfield Terminal 12,000 People emplyed by Saudi BinLadin sector, In 2 very short period, Azmeet became experienced several construction and ranked in the first grade of construction companies in the classification issued by the Public Buildings Ministry in 2006. The firm has also expanded to Gater and Oman, ‘and has further plans to reach the other GCC countries, Cl Ue NS [ARTAR ‘Abdul Rahman Saad Al-Rashid Est. was incepted in 1992 in the activity of Real Estate, Agriculture and industry In 1996 twas turned toa limited liability company with the name cf Abdul Rahman Saad Al-Rashid & Sons Co. ‘Thebackbone of the Al Rashid group success ‘came from their accumulated expertise inconstruction, real estate development and imestment management Piacoa WOO CNS es Fawaz A. AL Hokair & Partners Co established its construction division in 1997 to meet the growing construction | and interior decoration needs in the local | market. The company then underwent ‘3 major expansion in 2001 and Fare Construction was registered as a construction company in 2003, The company has a record of susteined growth and customer satisfaction, and performance since its inception has also secured ths firm the Grade 1 classification form the Department of Public Works Established in September 2007 through the | merger of Al Habtoor Engineering and Guif Leighton, the Habtoor Leighton Group is represented in Saudi Arabia by the Leighton Midale East Contracting In 2011 the group's Advance Rait Group, itself 2 2010 joint venture with Australian rail contractor John Holland, secured a | partnership with Al Rashid Trading and Contracting Company IRTCC} to strategically bid for railway projects that are part of Saudi | Railway Companys [SAR] rail network. ‘Al Habtoor Leighion was y involed in the 2012 award of an $765m Aircraft hangar project by Saudia Aerospace Engineering Industries (SAEI) to a venture also involving TAV and also involving Al-Rajhi Holding and Al Habtoor Leighton In 2012 HLG secure a $14%m Mine- related Infrastructure Project in a joint venture with Dragados Gulf Construction Company and Intecsa Industrial, both of the ACS Group, at Ma'aden Alcoa baunite extraction site mine. Leighton Middle East's share ofthe contract comes to $85m. SAUDI ARABIA'S BIG 25 CONSTRUCTORS Gc The first stage of Al Rajhi Construction’s progressive GCC expansion and acquisition strategy, Al Rajhi Advanced Construction LLC & Al Rajpi Infrastructure Works Co. were established in 200? in the Kingdom of Saudi Arabia, Headquartered in Jeddah and with offices in Dammam, Riyadh and Madinah, Al Rajhi Construction has eared a reputation as one of most diversified construction firms. Building on the strong track record of the ‘company's sucoessfullUAE operations, thenew Saudifirm has capitalised ants reputation for quality, safety and commitment, winningrajor contracts, such as the earthworks, roads, infrastructure and bridges for the Haramain High Speed Rail Project. ‘The scope of the phase one package one civil works forthe dual-track substructure includes blasting, building road structures and the repositioning of utilities. along 4é9km of toe length of the line. The firm has also wen work of the Strategic Water Plan for Riyadh, utlty and communication work at Madinah Knowledge Economic City, and dry and wet infrastructure on Al- Marina Project in Darsmam, TAVAirports wasestablishedasajoint venture between Tepe and Akfen groups in 1997 to build and operate Istanbul Atatirk Airport In 2003, the company regrouped its airport ‘operations and airport construction projects under two different companies, TAV Airports Holding and TAV Construction respectively Today, the company works in Saudi Arabia, ‘Tunisia, Macedonia, Georgia and Latvia. TAV most recently made headlines for its win, alongside Arabtec and CCC, of thé contract to build the $3.2bn Midfield Terminal contract, widely touted as the largest ever airport project. The structure will be fabricated from more than 1.6m tons of concrete, 70,000 tonnes of steel, ‘and nearly 500,000m2 of steel and glass cladding, and is due for completion and to become operational in 2017, Arabtec Saudi Arabia was formed in 2009 in an alliance between Arabtec Holding and CPC Services Company: a member of the Sauai bin Laden Group and Al Mawrid Holding, The joint venture is particularly ‘aimed the housing deficit in Riyadh, Jeddah, Mecca, Medina and the Eastern Province. The company’s first major project in the Kingdom was the construction contract for 46 buildings as part ofthe Princess Noura University project in Riyadh. The firms was, also awarded contract for the construction ofthe 60 and 68 storey Lamar Towers, worth {$530 milion, on the Jeddah comniche. In 2010 Arabtec consolidated its position by securing a further deal to construct 5,000 Villas in 2 new housing project in the Eastern Province of Saudi Arabia value at $1.33 billion. At the time the project brought the total value of Arabtec SA wins up to 400m, MARCH 20-APRIL5, 2013 CONSTRUCTION WEEK BY