Nesma & Partners, Saudi Arabia and FCC Construcción have signed an agreement to jointly submit the Public Private Partnership (PPP) prequalification for the Prince Faisal bin Fahad Sports City Project, a significant development in Saudi Arabia’s sports infrastructure.
The signing took place during the 9th Edition of the Future Investment Initiative (FII9), which brings together global leaders to explore innovative solutions.
The Prince Faisal bin Fahad Sports City Project, procured by the Ministry of Sport (MOS), includes the design, build, finance, operation, and maintenance of a FIFA World Cup Group Stage Round of 32-compliant stadium with a 42,371-seat capacity (total 46,870) and its associated assets. The project aims to host domestic and international sporting events, including the 2034 FIFA World Cup, while promoting inclusivity, community engagement, commercial sustainability, and economic growth.
The agreement builds on the companies’ successful collaboration in executing similar large-scale projects and reflects their intention to work together in submitting the prequalification. The signing was completed by Samer Abdul Samad, President and CEO of Nesma & Partners, and Rodolfo Illa Giro, MENA and Asia-Pacific BD Manager at FCC Construcción, reaffirming both companies’ partnership in supporting the Kingdom’s sports infrastructure development.
