Webuild Wins $600 Million Contract For Diriyah Square

Diriyah Company, backed by Saudi Arabia’s Public Investment Fund (PIF), has awarded a $600 million contract to Italian firm Webuild for finishing and MEP works on Diriyah Square.

The package covers over 70 buildings and public spaces designed in traditional Nadji architectural style, spanning 365,000 square metres. Webuild is already constructing a multi-level car park for 10,500 vehicles as part of the broader Diriyah project.

With this latest contract, the total value of Diriyah-related work awarded to Webuild approaches $2 billion. The contractor is also involved in other major projects across the kingdom, including a high-speed rail line, dam infrastructure for Trojena, and urban development in Riyadh.