Estithmar Holding Q.P.S.C announces Elegancia Arabia Trading secures SAR 829 Million contract for Qiddiya’s Prince Mohammed Bin Salman Stadium, set to host FIFA World Cup 2034
<p>Doha, Qatar: </p> <p>Elegancia Arabia Trading, part of the Contracting and Industries (C&I) operating segment of Estithmar Holding Q.P.S.C., has been awarded the Mechanical Package for the Prince Mohammed Bin Salman Stadium in Qiddiya City, Saudi Arabia, with a contract value of SAR 829 million. The stadium is one of Saudi Arabia’s flagship giga-projects and a designated venue for the FIFA…
Doha, Qatar - Elegancia Arabia Trading, a subsidiary of Estithmar Holding Q.P.S.C, has secured a SAR 829 million contract for the Mechanical Package of the Prince Mohammed Bin Salman Stadium in Qatar. The stadium, a key giga-project in Saudi Arabia, is slated to host the FIFA World Cup 2034. Situated atop the 200-meter-high Tuwaiq cliff in Qiddiya City, about 40 minutes from Riyadh, the stadium will boast a seating capacity of around 47,000 for football events, with an overall capacity surpassing 60,900.
It is projected to attract 7.6 million visitors annually, hosting over 60 football matches annually, along with major entertainment and cultural events. The stadium will be the first fully integrated, climate-controlled venue in the world, featuring a retractable roof, pitch, and LED wall, enabling year-round operations. The Mechanical Package, to be executed by Elegancia Electromechanical Services, will encompass heating, ventilation, air conditioning, public health, firefighting, and Building Management System (BMS) systems.
Basel Shaddad, CEO of Estithmar, expressed confidence in Elegancia Arabia Trading's capabilities, highlighting the award as a sign of growing role in Saudi Arabia's Vision 2030 giga-projects. Eyad Elkhorebi, CEO of Elegancia C&I, emphasized the significance of delivering a major project for the kingdom's flagship venue, vowing to uphold the highest standards of safety, quality, and operational excellence.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
