Saudi: Al Hokair reveals $203M NEOM camp services
Image from GulfConstruct.com
Abdul Mohsen Al Hokair Group for Tourism and Development has secured a significant contract to provide accommodation and catering services for a residential complex at NEOM, Saudi Arabia’s ambitious mega-project. Signed on August 22 with Alfa Facilities and Contracting Company, this $202.5 million (SAR 760 million) agreement spans seven years and is set to enhance Al Hokair Group's financial performance starting in Q1 2024. The project began in April with essential preparatory work, supporting NEOM’s goal of reshaping the region and contributing to Saudi Arabia’s Vision 2030 initiative. Al Hokair Group's role is crucial in ensuring the success of this innovative development by providing vital services for its workforce.