Irish group Kiverco said it has secured a contract to design, build and install a waste recycling plant within one of the world’s most ambitious tourism developments coming up on Saudi Arabia’s Red Sea coast.
The Red Sea Project is one of several large-scale investment giga-projects approved and overseen by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defence as part of his ambitious Vision 2030 which among its many goals, aims to increase tourism in Saudi Arabia and reduce the kingdom’s dependence on oil.
The giant regenerative tourism initiative is being developed by The Red Sea Development Company (TRSDC).
The contract was awarded by Averda, a leading waste management business in the emerging world, which is responsible for collecting and recycling waste generated by administration offices, residential facilities and construction activities within the Red Sea project along with its joint venture partner Saudi Naval Support Company (SNS).
The Red Sea Project win represents another significant contract in the Middle East following Kiverco’s success in securing business in the UAE for a multi-million pound waste recycling plant to process and recover waste materials from the upcoming Expo in Dubai in 2021.
The Red Sea Project has already passed significant milestones and work is on track to welcome the first guests by the end of 2022, when the international airport and the first four hotels will open.
The remaining 12 hotels scheduled for completion in Phase One will open in 2023, delivering a total of 3,000 rooms across five islands and two inland resorts.
On the contract win, Chad Woodward, Director of Trade and Investment at the British Embassy in Saudi Arabia, said: “The Red Sea Project is a very prestigious development in the kingdom and I am very pleased to learn of Kiverco’s involvement in the project. The fact that Kiverco was chosen by Averda to deliver a solution to process the waste generated by this project highlights the excellent reputation British manufacturing has in the region.”
“Kiverco has started to expand in this region and I am confident that they will continue to win new business as a result of this flagship project,” he added.
Technical Director Mazen Rifai said: “This is a hugely important project for Averda and for Saudi Arabia. It was critical for us to choose the right partner to provide a waste recycling plant as we must meet stringent targets on throughput and recovery rates.”
“Kiverco is well known for its design and build quality and has a long history of dealing with this type of waste. I am very confident we have chosen a partner who will work closely with us to deliver this project and facility for Averda and TRSDC,” he added.
Gabriel O’Keefe, Regional Export Manager, Kiverco said: “We are delighted to be selected by Averda to design, manufacture and install this recycling solution and honoured to be associated with the big Saudi project. This will be a world class tourist destination and we look forward to working with Averda for many years to come.”
Our recycling solutions are utilised across the world in Europe, North America, the Middle East and Australasia with more than 300 installations in the UK alone, he added.-TradeArabia News Service