The State Properties General Authority (SPGA) and National Centre for Privatisation and PPP (NCP) announced on Monday that 59 companies have submitted expressions of interest (EOIs) for the Quality Valley mixed-use Public-Private Partnership (PPP) project in Riyadh.

The EOI phase for the project was launched last month.

A joint statement said 53 Saudi companies and 6 international companies expressed interest in the scheme.

The interested companies include 36 developers and real estate developers; 11 contractors; three consultants; six equity investors and three firms from financial services sector.

The project is being procured under a design-build-finance-operate-maintain-transfer (DBFOMT) framework.

The concession includes a 32-year operational term and an additional three-year construction period.

The list of companies interested in the project are as follows:

Developers / Real Estate Developers

  1. Abdulrahman Saad Alrashid and Sons (ARTAR) - Saudi Arabia
  2. Ajdan Real Estate Development Company - Saudi Arabia
  3. Al Bawani - Saudi Arabia
  4. Al Gihaz Holding Company -  Saudi Arabia
  5. Al-Ayuni Investment & Contracting Co. - Saudi Arabia
  6. Alameriah Development  - Saudi Arabia
  7. Alargan Projects Company -  Saudi Arabia
  8. Al-Fahd Company -  Saudi Arabia
  9. Alkhorayef Investment and Development Company -  Saudi Arabia
  10. Al-Soliman Real Estate -  Saudi Arabia
  11. Al Saedan Real Estate Company  - Saudi Arabia
  12. ASYAD Holding Company -  Saudi Arabia
  13. Arabian Construction Co. (ACC) - UAE
  14. Business Deal Company (BDC)  - Saudi Arabia
  15. Ezdihar Real Estate Company - Saudi Arabia
  16. HAY Developments - Saudi Arabia
  17. Heyazah Real Estate Development - Saudi Arabia
  18. Kinan International - Saudi Arabia
  19. Ladun Investment Company -  Saudi Arabia
  20. Lamar Holding -  Bahrain
  21. Ledar Investment  - Saudi Arabia
  22. Liwan Real Estate Development  - Saudi Arabia
  23. MADA International Holding - Saudi Arabia
  24. Naif Alrajhi Investment - Saudi Arabia
  25. Pan Kingdom Real Estate - Saudi Arabia
  26. Refad Investment & Real Estate Development -  Saudi Arabia
  27. Retal Urban Development Company -  Saudi Arabia
  28. RIYMAR (AlMozaini Real Estate) - Saudi Arabia
  29. Safari Group - Saudi Arabia
  30. SkyBridge - USA
  31. Sumou Real Estate -  Saudi Arabia
  32. Tatweer (Joint Stock Company)  -  Saudi Arabia
  33. Technical Development Company (TDC Contracting) -  Saudi Arabia
  34. Telad Real Estate -  Saudi Arabia
  35. Zamil Group Real Estate Company -  Saudi Arabia
  36. ZEOOF Real Estate Investment and Development -  Saudi Arabia

Contractors

  1. Al Kifah Holding Company -   Saudi Arabia
  2. BEC Arabia - Saudi Arabia
  3. BUNA Al-Khaleej Contracting Company (BUNA) - Saudi Arabia
  4. Saudi Binladin Group Ltd -  Saudi Arabia
  5. Fanar Arabian International Co.- Saudi Arabia
  6. International Hospitals Construction Company (IHCC) -Saudi Arabia
  7. Mohammed Ali Al-Swailem Trading & Contracting (MASCO) - Saudi Arabia
  8. Mounes Mohamed Al Shayeb for Civil Construction (MOBCO) - Saudi Arabia
  9. Shar Company - Saudi Arabia
  10. Shibh Al Jazira Contracting Company (SAJCO) - Saudi Arabia
  11. Urbas Middle East - Spain

Consultants

  1. ALTERAZ Design Architectural and Engineering Consultant - Saudi Arabia
  2. Dar Al Riyadh - Saudi Arabia
  3. Meinhardt Group - Singapore

Equity Investors

  1. Ahmed Al Thunayan Investment Group  - Saudi Arabia
  2. Aldrees Industrial and Trading Co. (ALITCO) - Saudi Arabia
  3. Tanami Holding - Saudi Arabia
  4. OWN United - Saudi Arabia
  5. SAH First Investment Company  
  6. ​Sumou Global Investment / Poly Manners Architecture (PMA) - Saudi Arabia

Financial Services Providers​​

  1. GIB Capital - Saudi Arabia
  2. MEFIC Capital - Saudi Arabia
  3. SNB Capital - Saudi Arabia

(Writing by SA Kader; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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