Qiddiya Awards $1.15 Billion Racecourse Contract To Trojan Construction

Dubai (PlantAndEquipment.com) - Qiddiya Investment Company won a SAR4.3 billion ($1.15 billion) contract to Taj Dhabi, a subsidiary of Trojan Construction Holding, to create a world-class racetrack in the suburbs of Riyadh.

The development will span around 1.3 million square meters and will include the region’s first straight mile turf track, establishing a new standard in horse racing infrastructure in the Middle East.

The arena, which is designed to seat up to 70,000 fans, will become a significant hub for international equestrian competitions, boosting Saudi Arabia’s push to grow its sports and entertainment offerings.

The racecourse is part of the greater Qiddiya development and in line with the Kingdom’s Vision 2030 aim to diversify the economy via investments in tourism, sport and world-class infrastructure.