# Maadaniyah signs SR34M contract for new valves factory in Saudi Arabia

Maadaniyah signed a SR34 million ($9.1 million) contract with Gulf Triple Contracting Company to build a new valves factory at King Salman Energy Park, with work starting in August 2023 and completion due mid-2024.

- Type: New facility
- Announced: 2023-07-04
- Where: King Salman Energy Park, between Dammam and Al Ahsa, Eastern Province, Saudi Arabia
- Value: $9.10M (34.0M SAR)
- Status: under construction
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Maadaniyah](https://endata.com/companies/10747.md)
- [Gulf Triple Contracting Company](https://endata.com/companies/10748.md) (partner)

## Sources

- [industrialvalvenews.com](https://www.industrialvalvenews.com/featured/maadaniyah-awards-contract-for-new-saudi-valves-factory/), 2023-07-04: "The new valves manufacturing plant will be set up at the King Salman Energy Park (Spark), located between Dammam and Al Ahsa in the Eastern Province of Saudi Arabia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.