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Uptown Stadium Construction JV

Industry News
Source: Arab News

Saudi-Chinese Consortium Secures $306 Million Qiddiya Stadium Facade Contract

IKK Fangda JV Co., a joint venture between China Fangda Group and Saudi-based Isam Kabbani & Partners, has been awarded an SR1.15 billion ($306 million) contract for Qiddiya's Prince Mohammed bin Salman Stadium. The consortium will design, supply, and install curtain-wall facades for the venue, which is planned for the 2034 FIFA World Cup. The contract represents 60.7 percent of China Fangda Group's audited operating revenue in 2025.

Industry News
Source: BigGo Finance

China’s Fangda Group Wins 2.05 Billion Yuan Saudi World Cup Stadium Contract

China-based Fangda Group announced that its 51%-owned joint venture secured a major curtain wall contract for the Prince Mohammed bin Salman Stadium in Saudi Arabia. Valued at 1.147 billion Saudi riyals (approx. 2.05 billion yuan), the contract spans 863 days. The deal accounts for roughly 60.7% of the group's audited total revenue for 2025.

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