10 Saudi projects valued at $4.7bn win national honors

TAV Construction’s design & build of Terminal 5 and related facilities in King Khaled International Airport Project bag ‘Transport Project of the Year’ award. (Saudi Gazette)

Ten of Saudi Arabia’s highest quality projects have won national honors in the 2017 MEED Quality Awards for Projects. The combined value of KSA’s winning projects is estimated at $4.7 billion, Saudi Gazette reports.

Now in its seventh year, MEED Quality Awards for Projects program has become the leading stamp of quality and achievement for top teams operating in the GCC projects sector.

The awards not only recognize the construction element of project delivery but also consider the value and quality of a project throughout its entire life cycle, from the design concept through to engineering and construction and its wider contribution to society and to the environment.

“The GCC projects market continues to be a key driver for regional growth, and part of its success in contributing to economic development in the region has been its continuing focus on developing high quality projects that generate jobs, contribute to the efficient delivery of infrastructure and utility services as well as ensuring sustainability by incorporating safety and environment-friendly measures in project development and execution.

We commend the national winners for their commitment to project excellence and hope that their unwavering commitment to quality will inspire others to follow their lead as more projects are developed and completed in the future,” said Richard Thompson, Editorial Director, MEED.

As well as competing for the GCC award in their specific sectors, the national winners are in with a chance to win the coveted title of the MEED Quality Project of the Year. Regional winners will be announced on May 3, 2017 at The Westin Dubai Mina Seyahi Beach Resort & Marina, United Arab Emirates.

Last Update: Sunday, 19 March 2017 KSA 11:01 - GMT 08:01