Diriyah Company - Diriyah Project: Diriyah 2: Media and Innovation District: South Offices (Commercial Package)

General Information
Owner Diriyah Company
Masterplan Project (Parent Profile) DGDA – Diriyah Project: Diriyah 2: Media and Innovation District – Ar Riyad
Location Riyadh, Riyadh Province, Saudi Arabia
Status --
Sector Construction, Commercial, Offices
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 0
Estimated Budget Value ---
Contract Value 420
Net Value $420m
Award Date November 2025
Completion Date November 2028
Last Updated On November 2025
ProjectId (Old, New) 524583, 524583


Diriyah Company is planning to undertake the construction of the South Offices under Media and Innovation District (MBC) as part of the Diriyah Gate Investment Program phase 2, located on the western side of the capital, Riyadh, Saudi Arabia.

The US$420 million project includes the following:

1. Construction of office spaces ( 250,000 m2)

2. Construction of retail spaces ( 15,000 m2)

3. Infrastructure works

4. Installation of safety and security systems

5. Construction of associated facilities

Second Section

07 November 2025

BEC Arabia has been appointed as the main contractor on the project.

23 September 2025

The main contract bids are expected to be awarded soon.

10 September 2025

BEC Arabia, Mobco Civil Construction, Alfanar Group and Al Bawani amongst others submitted the main contract bids on the project and it is expected to be awarded soon.

29 July 2025

The main contract bids are under evaluation.