Saudi Arabia has issued its first tender linked to the massive construction program for Riyadh Expo 2030. The Expo 2030 Riyadh Company (ERC), tasked with delivering the event’s venue, opened bidding for the construction of site offices — marking the start of on-site works in Riyadh. Issued on May 29, the tender invites bids by early July.
ERC, a wholly owned subsidiary of the Public Investment Fund (PIF), will oversee the development and future operation of the Expo 2030 facilities. According to PIF, the construction and legacy of the Expo are expected to inject around $64 billion into Saudi Arabia’s GDP and generate approximately 171,000 direct and indirect jobs. Once operational, the Expo is projected to contribute $5.6 billion annually to the economy.
The Expo’s masterplan covers a 6-square-kilometre site north of Riyadh, near the planned King Salman International Airport — positioning it for easy access to key city landmarks. Participating countries will have the opportunity to build permanent pavilions, contributing lasting cultural and architectural landmarks.
Expo 2030 is forecast to attract over 40 million visitors. Post-event, the secured area will be transformed into a global village — a multicultural hub for retail, dining, and tourism — alongside a residential community designed with sustainability in mind.
Source: Construction Review Online