Signature of the Al Ula project

10/27/2021

Contract signed by the Royal Commission for Al Ula and a consortium led by Egis

Al Ula's transformation accelerates with the signing of a strategic partnership between the RCU and the French consortium led by Egis.

A contract establishing a long-term strategic partnership between the Royal Commission for Al Ula (RCU) and a French consortium was signed on 27 October 2021. This consortium, comprising Egis, Assystem and Setec, will be responsible for accelerating the development of Al Ula, which is entering an implementation phase following the launch of its Masterplan in April 2021.

 

The three companies will mobilize an international team with complementary skills and experience to manage the execution and operation of all of Al Ula County's infrastructure (water, electricity, mobility, etc.). The French consortium will bring to the Royal Commission its expertise in infrastructure program management and construction management to secure priority projects and long-term development of Al Ula. Part of the team will be based in AlUla and will include high-level specialists in engineering, construction and operations management.

Laurent Germain, CEO of Egis Group, said:

"We are delighted to have been selected as the Project Management and Construction Management assistant for this ambitious development program. Our three renowned companies, Egis, Assystem and Setec, united in the SEA consortium, will bring their best skills to the Royal Commission. As long-standing partners of the Kingdom, we are very excited to be involved in the future development of Al Ula. Our long-term partnership with the Royal Commission will be based on sharing international best practices, innovation and technology transfer."

The consortium will help make Al Ula a sustainable, innovative and inclusive development model, designed to benefit the local population and visitors from around the world.