Freyssinet lists a Phase 2 infrastructure contract of SAR 3.2 billion over 30 months, with six bridges. MEED reported that Haif began $480 million (about SAR 1.8 billion) of Phase 2 works in November 2025. The two figures appear to describe the same joint venture at different scopes, which is our hypothesis, not a confirmed split.
Key facts
| Total contract (Freyssinet) |
SAR 3.2 billion
Freyssinet Saudi Arabia
Total Phase 2 infrastructure contract per Freyssinet · as of Jan 2026
About SAR 1.8 billion ($480m) MEED
MEED, Nov 2025; probably the Haif share of the joint venture, not the total · Nov 2025
Medium confidence
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Sources
- Industrial Facilities - Freyssinet Saudi Arabia · Freyssinet Saudi Arabia
- Contractor begins $480m King Salman Park infrastructure works · MEED, 5 Nov 2025
- Our projects - Haif Company · Haif Company
