On the morning of July 28, 2026, a signing ceremony was taking place inside the headquarters building of the Royal Commission in Riyadh. Representatives of the Saudi local infrastructure giant Mofarreh Group and Türkiye's engineering leader Gulsan Holding signed the cooperation agreement solemnly, announcing the official establishment of a new joint venture. This company will undertake key infrastructure projects coordinated by the Royal Commission of Riyadh, with the goal of upgrading the city's transportation network that is being accelerated in the Saudi capital. At the signing ceremony, executives from both sides shook hands and greeted each other, and the camera captured this moment as it marked the beginning of a new stage in the cooperation between Shatu Infrastructure.

Lock in Riyadh's transportation infrastructure track

The core business of the new joint venture company is clear and defined, and it will be fully responsible for the bidding, construction, and delivery of the Riyadh comprehensive transportation infrastructure project. The construction scope covers the construction and renovation of urban main roads, the construction of large bridges and elevated road bridges, urban interchanges and transportation hub supporting infrastructure, as well as a complete set of transportation supporting facilities engineering.

The urban renewal and infrastructure upgrading projects coordinated by the Royal Commission of Riyadh have a large scale, high standards, and strong sustainability, and are the core track of Saudi Arabia's urban modernization construction. With the continuous expansion of the Saudi capital, the demand for upgrading transportation networks is becoming increasingly urgent, and the market potential is considerable. The establishment of the new joint venture company is aimed at this long-term stable infrastructure market.

Mofarreh Group was founded in 1977 and has been deeply involved in the Saudi market for nearly 50 years. It is a leading comprehensive infrastructure group in Saudi Arabia. The group is deeply familiar with local policies, bidding rules, and project implementation processes, and has long served the Saudi government and large state-owned institutions. It has participated in national key projects such as Aramco and Jubail Industrial City, and has strong local resource integration and operational capabilities.

Local advantages grafted with overseas technology

This joint venture is not just a simple business combination, but a deep complementarity of the core advantages of both parties. Saudi Mofarreh Group provides local resources and territorial operation capability, while Türkiye Gulsan Holding injects engineering technical support.

Gulsan Holding is a well-known large-scale engineering infrastructure enterprise in Türkiye, with decades of experience in large-scale transportation infrastructure construction worldwide. In the fields of roads, bridges, elevated structures, urban overpasses, etc., the group has accumulated mature technology systems and standardized construction processes, and has rich overseas project delivery cases. Its technical capabilities and international project management experience perfectly match Saudi Arabia's high standard infrastructure construction needs.

Both parties cooperate to accurately adapt to the rules of the Saudi infrastructure market: Mofarreh Group ensures the compliance and smooth implementation of projects, while Gulsan Holding guarantees the quality of engineering technology and construction efficiency. This cooperation model of local enterprises and overseas technical teams can not only ensure efficient and compliant implementation of projects, but also continuously cultivate local infrastructure industry capabilities.

Assist in the implementation of Saudi Arabia's 2030 Vision

The joint venture layout of the sand company in Riyadh for infrastructure is a typical implementation measure of Saudi Arabia's 2030 vision for economic diversification strategy. For a long time, Saudi Arabia has vigorously promoted the expansion of the capital city Riyadh, upgraded its transportation network, and modernized urban construction, continuously opening up the infrastructure market and introducing high-quality engineering resources from around the world.

The Saudi Vision 2030 clearly proposes the goal of breaking away from the dependence on a single oil economy, promoting modernization of urban infrastructure, and upgrading internationalization. The emergence of cross-border joint venture models is a concrete manifestation of this strategy in the field of infrastructure. Türkiye's infrastructure enterprises have continued to increase their market share in the Middle East in recent years with the advantages of high cost performance, mature technology and rapid delivery. Compared with traditional European and American engineering enterprises, Türkiye manufacturers adapt to the Middle East infrastructure standards, have faster project response and more flexible cooperation modes, and have become preferred partners for infrastructure upgrading in Saudi Arabia, the United Arab Emirates and other Gulf countries. Keywords: Middle East News Network, Infrastructure, International Cooperation

The strong alliance of leading infrastructure companies in Saudi Arabia is not only a reflection of the continuous warming of economic and trade cooperation between the two countries, but also an important signal of the acceleration of modernization construction in the Saudi capital. As Saudi Arabia's 2030 vision continues to advance, more cross-border infrastructure joint venture models will continue to emerge, and the Middle East urban infrastructure market will usher in a golden cycle of continuous expansion.Editor/Gao Xue