| Date of Announcement of the Award | 2023-01-11 Corresponding to 1444-06-18 |
| Contract Subject Matter | Signing of Engineering, Procurement and Construction Management (EPCM) Services Contract with WorleyParsons Arabia Limited and JESA International S.A. |
| Date of Signing the Contract | 2023-01-11 Corresponding to 1444-06-18 |
| Contract Value | 1.043 billion SAR (278 million USD) |
| Contract Details | WorleyParsons Arabia Limited and JESA International S.A will provide engineering, procurement, and construction management services for the construction of the phosphate 3 phase 1 project that will produce 1.5 MT per year of phosphate fertilizers. An integrated production complex will be built in Wa’ad Al Shamal (WAS) and Ras Al-Khair (RAK) industrial cities. |
| Contract Duration | 42 Months |
| Financial Impact and the Relevant Period | Financial impact will be known after construction completion and start of plant production. |
| Related Parties | N/A |
