Diriyah Company Awards SAR 2.7 Billion Contracts for Diriyah Square and Tenders East Wadi Bridge

Diriyah Company has issued two major construction contracts totaling SAR 2.7 billion ($720 million) covering six hotels and 34 branded residences within Diriyah Square. Alongside the vertical hospitality packages, infrastructure works continue to advance with the tendering of the East Wadi Bridge construction contract, underscoring sustained project momentum across the multi-billion-dollar giga-development in Riyadh.

The deployment of SAR 2.7 billion in capital reinforces the steady release of hospitality and infrastructure tenders in the Kingdom under Vision 2030. The concurrent bridge tendering highlights ongoing connectivity and civil engineering integration required to service dense urban districts within Diriyah.

Heavy commercial construction on this scale stimulates high utilization rates for earthmoving and site-prep fleets, including excavators, piling rigs, and mobile cranes. Local equipment distributors and rental houses will see heightened demand for concrete transit mixers, compaction machinery, and material handling units across Diriyah Square.

Located in Riyadh, Saudi Arabia, the Diriyah master development represents one of the Kingdom's primary cultural and tourism giga-projects, driving major civil engineering, building construction, and heavy machinery utilization in the Central Province.