The local/Chinese China Harbour Engineering Arabia Company is the low bidder with a price of $100 million for the dredging and excavation contract on the phase 1 and 2 waterfront development of the Madinat Sinaiyah al-Yanbu project. The other bidders are the local Huta Group and Geneva-registered Archirodon Construction (Overseas). A contract award is expected by the end of 2007. The Royal Commission for Jubail & Yanbu is the client.