The company is involved in major transport projects in Saudi Arabia
Saudi Binladin Group (SBG) is in talks with other local construction companies to subcontract some of its work at Jeddah International airport.
In November 2010, SBG won both major construction contracts for the expansion of Jeddah airport (MEED 18:11:10). Together the contracts are worth SR25.2bn ($6.7bn).
The first contract involves building a 600,000 square-metre passenger terminal that will be able to handle 30 million passengers each year. The second contract covers infrastructure and involves designing and building runways, tunnels, landscaping and a light-rail system.
Due to the scale of the project, SBG is now looking to a number of other companies to take on some of the work.
In Saudi Arabia alone, SBG is also involved in all the major transport projects. The company is bidding for the second phase of the $7bn Haramain high-speed railway. In January, SBG together with Turkey’s Yapi Merkezi also won a contract to build two passenger stations at Mecca and Medina. Saudi Oger will build the stations at Jeddah and King Abdullah Economic City.
SBG is also leading a consortium that is bidding for the $1.5bn first phase of the expansion of Medina International airport. The first phase of the airport involves developing airside and landside facilities at the airport under a long-term concession.