Nesma JV to deliver King Salman International Airport package
Nesma & Partners, the leading contractor in Saudi Arabia, has signed an agreement with Samsung C&T Corporation Saudi Arabia and Al Ayuni Limak Contracting to form a fully integrated, unincorporated joint venture aimed at delivering key project packages for the transformative King Salman International Airport in Riyadh.
As one of the kingdom's most ambitious infrastructure projects, the airport will set new benchmarks in modern architecture, sustainability, and global connectivity, reinforcing Saudi Arabia's presence on the international stage.
On the project, Nesma & Partners said bringing together industry-leading expertise, the joint venture will leverage its industry-leading expertise in construction and engineering, combining it with Samsung C&T's global experience in large-scale infrastructure and Al-Ayuni Limak's extensive track record in both Saudi Arabian and international markets, specifically airports industry.
This strategic partnership underscores the commitment of all three companies to bring in their collective expertise and resources to deliver cutting-edge infrastructure solutions for this landmark project, it stated.
The MoU was signed by Samer Abdul Samad, President & CEO of Nesma & Partners; Sang Yong Lee, Vice President, Head of Infrastructure Business Development Team at Samsung C&T Corporation Saudi Arabia; Fatih Yurthan Cevik, CEO of Al-Ayuni Limak Contracting Company; and Hamad Al-Ayuni, Deputy CEO of Al-Ayuni Limak Contracting Company.
On the new deal, Samad said this partnership was an important milestone in its commitment to supporting the broader goals of Vision 2030.
"By combining the expertise of Nesma & Partners with the strengths of Samsung C&T and Al Ayuni Limak, we are focused on delivering a ground-breaking project that will position Riyadh as a global aviation hub, driving economic growth, attracting business investments, and strengthening the tourism sector," he stated.
"Our role in this initiative reflects our dedication to excellence and innovation, ensuring that the King Salman International Airport becomes a cornerstone of the Kingdom's ambitious future," he added.
According to Nesma, sustainability is central to this initiative, with the airport incorporating environmentally responsible practices that meet international standards, ensuring lasting efficiency and resilience.
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