The main construction contract for Saudi Arabia’s Northern Border Fence project could be awarded in the next two months, according to a contractor bidding on the project.
The contractor said that the award, which was due to have been awarded by the first quarter of 2008, has been delayed while the client, the Ministry of the Interior, continues to negotiatate with bidders.
A smaller contract covering civil and electro-mechanical works on the fence is expected imminently (MEED 3:3:08). Two consortiums are in final negotiations with the ministry. They are the local El-Seif Engineering & Contracting with the US' DRS Technologies; and the local Rashed al-Rashed & Sons Group with European Aeronautic Defence & Space Company.
In November 2007, 14 groups submitted bids for the estimated SR4bn ($1.1bn) contract to build a fence along the kingdom's border with Iraq.
The 900-kilometre-long security fence will have two lines of razor wire, with a second fence several kilometres behind it. There will be thermal-imaging equipment and ground surveillance radar between the two fences (MEED 16:11:07).
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
