27-01-2025
Nesma & Partners holds SAR 40B portfolio: CEO
Nesma & Partners Contracting Co. currently manages a project portfolio worth up to SAR 40 billion, CEO Samer Abdul Samad said.
The company collaborates with key entities such as NEOM, Diriyah and Qiddiya projects, Aramco, and King Salman Park, contributing to Vision 2030 goals.
Speaking at the International Mining and Resources Conference (IMARC), Abdul Samad noted that Nesma & Partners has prior experience in mining, having worked with Saudi Arabian Mining Co. (Maaden) and Amak 10–15 years ago. The company joined last year's conference to understand new industry trends, leading to the inclusion of mining in its 2024 strategy.
Nesma & Partners is now exploring entry into the mining sector through potential partnerships or acquisitions. Abdul Samad said the final decision will depend on available opportunities in the near future.
He also highlighted recent contracts under Aramco's Master Gas System program in 2024. The company secured new projects with KAPSARC and Diriyah's Jabal Qurain district and aims to expand further through major upcoming projects.
