Invest AD reports Elegancia wins 829M SAR contract
Elegancia Arab Trading Company has secured a contract valued at 829 million riyals to complete the mechanical package at Prince Mohammad bin Salman Stadium in Qiddiya, as part of the 2034 World Cup projects in Saudi Arabia. The contract includes the installation of heating, ventilation, and air conditioning (HVAC) systems, fire protection, and building management systems, with an anticipated workforce of 3,000 workers throughout the execution period, running from September 2026 to May 2030. The stadium is considered one of the most important sports and entertainment projects that meet standards of sustainability and innovation, aiming to host over 60 matches annually and attract 7.6 million visitors. This contract reflects Elegancia’s position as a trusted partner in major projects and marks a significant step in Saudi Arabia’s Vision 2030 for developing advanced infrastructure.
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