Eversendai has secured the steel subcontract for the Qiddiya racetrack project in Riyadh, Saudi Arabia. The Speed Park Track, located near central Riyadh, is set to host major international motorsport championships, the company said.
Additionally, Eversendai reported progress on the Neom Trojena Ski Village project, with the first steel structure installed on June 20, marking a key milestone. The company is currently working on connection design, engineering, and shop drawings, which are critical for starting steel fabrication and construction. Eversendai won the Neom Trojena contract earlier this year in partnership with Albawani Company Limited.
Eversendai operates five steel fabrication facilities located in Malaysia, Dubai, Sharjah, Qatar, and India, with a combined annual capacity of 150,000 tons. In the UAE, the company’s fabrication capacity is 60,000 tons per annum in Sharjah and 12,000 tons per annum in Dubai. Additionally, the company operates a 24,000-ton-per-annum fabrication unit in Qatar.