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Webuild JV wins $1.4B high-speed rail contract for Saudi Arabia's Neom · Endata

◂ Announcements

May 11, 2023CONTRACTNeom, Saudi Arabia, Saudi Arabia

Webuild JV wins $1.4B high-speed rail contract for Saudi Arabia's Neom

Webuild and joint-venture partner Sajco signed a €1.4 billion contract to design and build 57km of high-speed railway for the Neom region in Saudi Arabia, creating around 4,000 jobs.

Value

$1.53B (1.40B EUR)

Jobs

4,000

Status

Announced

Productshigh-speed railwayfreight railway tracks

CompaniesWebuild Shibh Al-Jazira Contracting Company partner

“The JV agreement is split 70/30 between Webuild and Sajco.”railbus.com.ng

2 sources
railbus.com.ngWebuild JV lands $1.4bn high-speed rail contract for Saudi Arabia’s Neom - Railway Business MagazineRail-BusMay 12, 2023
webuildgroup.comWebuild and jv partner Sajco win €1.4 bn contract in NEOM | Webuild GroupJun 13, 2023

Summarized from public sources; check the original articles before acting on it.

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