QIC - Prince Mohammed Bin Salman Stadium

General Information
Owner Qiddiya Investment Company
Masterplan Project (Parent Profile) Qiddiya Invt – The Qiddiya Project: City Center: Sports Complex – Ar Riyad
Location Riyadh, Riyadh Province, Saudi Arabia
Status --
Sector Construction, Leisure, Sport Facility, Stadium
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 0
Net Value $315m
Award Date August 2024
Completion Date December 2027
Last Updated On July 2024
ProjectId (Old, New) 400341, 400341


Qiddiya Investment Company (QIC) is undertaking the development of a multi-purpose stadium which will be built on top of a 200m-high Tuwaiq cliff located in the new sports and entertainment district of Qiddiya City, Riyadh, Saudi Arabia.

Once completed, the stadium will serve as the home ground for Saudi Pro League football clubs Al-Nassr and Al-Hilal and is one of the proposed venues for the Kingdom’s 2034 Fifa World Cup bid. It will also host some of the region’s biggest sports events including the Saudi King Cup, the 2027 AFC Asian Cup and possibly the 2034 Asian Games.

The US$315 million project includes the following:

1. Construction of a multi-purpose stadium 45,000 seat capacity

2. Construction of retractable roof, pitch, LED wall

3. Construction of shopping, dining and entertainment areas (50,000 sqm area)

4. Construction of park ’n ride and drop-off zones

5. Construction of an eco-friendly cooling lake built directly under the stadium

6. Infrastructure works

7. Construction of associated facilities

Second Section

02 July 2024

The client has requested certain modifications in the project scope and has asked to submit the post-tender clarification bid on July 11, 2024. The JV of Al Ayuni Investment & Contracting and HBK Contracting is submitting the post-tender clarification bid on July 11, 2024.

17 June 2024

The JV of Al Ayuni Investment & Contracting and HBK Contracting has been shortlisted for the project.

29 April 2024

The main contract bids are under evaluation and are expected to be awarded by the end of Q2, 2024. (Source: MEED)

04 March 2024

Nesma & Partners amongst others have submitted the bids on the project.

12 December 2023

The main contract tender has been issued and the bid submission date is on December 19, 2023. The following companies are invited to bid: FCC, Bouygues, Samsung C&T, Nesma & Partners, El-Seif Engineering Contracting, Almabani and Albawani. (Source: MEED)

07 November 2023

The main contract tender is not yet issued on the project.

16 May 2023

Mohammed Al Rashid Co amongst others have submitted the EOI on the project, however the main contract tenders have not been issued yet.

05 February 2023

The project has been announced.