Saudi Arabia has awarded the main utilities and civil works contract for the Expo 2030 site in Riyadh to local contractor Nesma & Partners, earlier than plannedSaudi Arabia has awarded the main utilities and civil works contract for the Expo 2030 site in Riyadh to local contractor Nesma & Partners, earlier than planned

Saudi Arabia awards building contract for Expo 2030 site

2026/01/01 12:09

Saudi Arabia has awarded the main utilities and civil works contract for the Expo 2030 site in Riyadh to local contractor Nesma & Partners, earlier than planned, as it moves to accelerate construction of the project.

The new package aims to prepare the site for subsequent construction phases and supports the operational requirements of the event, Expo 2030 Riyadh Company said in a statement.

The scope of work includes constructing roads within the expo site and installing essential utilities that will form the infrastructure backbone of the entire development.

Around 50 km of infrastructure networks will be delivered as part of the package, including water, sewage, electric vehicle (EV) charging stations and electrical and communication systems.

“This milestone marks an important step in accelerating construction activities in the Expo 2030 Riyadh site,” said Talal Al-Marri, CEO of Expo 2030 Riyadh Company.

“By moving early on the infrastructure that underpins the entire site, we are creating the conditions for safe, coordinated, and high-quality delivery across all future phases of development,” said Talal Al-Marri, CEO of Expo 2030 Riyadh Company.

The contract has been awarded ahead of schedule to accelerate delivery, as part of a phased approach that will see construction across infrastructure, buildings, and public spaces advance steadily through 2026 and into early 2027, he said.

The value and completion timeline of the contract were not disclosed.

Expo 2030 Riyadh consists of a 6 million square metre site that will host 197 nations and 29 organisations, expecting more than 42 million visits across five distinct districts.  

The expo will be held under the theme “The Era of Change: Together for a Foresighted Tomorrow” between October 1, 2030, and March 31, 2031.

In November 2023 Saudi Arabia won the bid to host World Expo 2030 in Riyadh, surpassing Busan, South Korea, and Rome, Italy.

Foreign Minister Prince Faisal bin Farhan bin Abdullah said the kingdom has allocated $348 million to a group of 100 eligible countries participating in the expo.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Academic Publishing and Fairness: A Game-Theoretic Model of Peer-Review Bias

Academic Publishing and Fairness: A Game-Theoretic Model of Peer-Review Bias

Exploring how biases in the peer-review system impact researchers' choices, showing how principles of fairness relate to the production of scientific knowledge based on topic importance and hardness.
Share
Hackernoon2025/09/17 23:15