Saudi’s Zakat, Tax, and Customs Authority (ZATCA), in collaboration with the National Centre for Privatisation & PPP (NCP), has prequalified five companies for the Residential Buildings at Land Ports Public-Private-Partnership (PPP) project.

The project entails the development and operation of residential areas across nine land ports under a 15-year Design - Build - Finance - Operate - Maintain - Transfer (DBFOMT) contract, which also includes three-year construction period.

The list of prequalified companies are:

  1. Al Gihaz Holding Company
  2. Al Yamama Company for Trading & Contracting
  3. MASIC logistics
  4. Alghanim International General Trading & Contracting Co.
  5. Lamar Holding

The Expression of Interest (EOI) notice was issued in June 2024.

(Writing by Deva Palanisamy; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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