PROJECTS: Saudi’s Diriyah Gate expects to issue $6bln tenders after summer – Group CEO

By: Sona Nambiar,  

Saudi Arabia’s Diriyah Gate Development Authority (DGDA) expects to announce $6 billion worth of tenders for the heritage mega project after summer, the Group CEO said.

Jerry Inzerillo told Zawya that the Authority, which is mandated to transform the historic city of Ad-Diriyah into an educational, cultural, recreational, and hospitality hub, is putting together various packages for tendering after the summer.”

We still have to get formal approval on the budget, but we expect the tender figures to be about $6 billion for the next year,” he said in an exclusive interview on the sidelines of the Arabian Travel Market (ATM).

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