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Red Sea International Wins SAR203 Million Facilities Management Contract for Webuild's Saudi Dam Project

MT Newswires·12/23/2025 09:59:47
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09:59 AM EST, 12/23/2025 (MT Newswires) -- Red Sea International (SASE:4230) will provide integrated facilities management services for Italian construction group Webuild's (WBD.MI) Trojena dam project in Neom, Saudi Arabia. Under the two-year contract worth 202.8 million Saudi riyals, the modular engineering company will support the project's main and spike camp operations, including accommodation and housekeeping. The contract was signed with Webuild's Saudi Arabia branch.