Nesma and Partners Secures 14 Billion Dollar Contract to Build Qiddiya Performing Arts Centre in Saudi Arabia

Nesma & Partners Wins $1.4bn Deal for Qiddiya Performing Arts Centre Nesma & Partners, one of Saudi Arabia’s leading construction firms, has secured a major contract worth $1.4 billion to build the Qiddiya Performing Arts Centre, a flagship cultural project in the Kingdom’s ambitious Qiddiya development. The announcement further cements Nesma & Partners’ reputation for taking the lead on landmark projects within the region. The Qiddiya Performing Arts Centre is being developed as a centerpiece for the new Qiddiya City, a giga-project envisioned to transform the entertainment, sports, and cultural sectors in the Kingdom. The centre aims to host world-class productions, nurture regional talent, and serve as a cultural hub for both residents and visitors. According to the statement released, the scope of work includes the design, construction, finishing, and commissioning of the Performing Arts Centre – ensuring it adheres to global standards for acoustics, technology, and audience experience. The facility will feature a main theatre, rehearsal studios, exhibition spaces, and outdoor event areas. “The awarding of the Qiddiya Performing Arts Centre contract marks a significant milestone in the journey of Qiddiya as we move closer to bringing a one-of-a-kind cultural and entertainment destination to life,” said Ahmed AlKhatib, Chairman of Qiddiya Investment Company. Qiddiya Investment Company (QIC), the project’s developer, highlights that this facility is part of a broader vision to diversify Saudi Arabia’s economy and create new paths for the creative industries in line with Vision 2030. Construction is expected to commence shortly, with the new centre anticipated to attract millions of visitors annually and play a crucial role in positioning Saudi Arabia as a regional leader in arts and culture. Team V.4-LKDN-UAE