QIC - The Qiddiya Entertainment City: Racecourse Venue Main Works Package
Qiddiya Investment Company (QIC) is undertaking the construction of the "Racecourse Venue," spanning approximately 1.3 million square meters in Qiddiya Entertainment City, Riyadh, Saudi Arabia.
The package forms part of the wider Qiddiya masterplan and focuses on delivering the main works for an outdoor sports and leisure venue. The development is expected to include the core racecourse facilities, spectator and event areas, and supporting back-of-house spaces to host sporting and live event operations. The works also typically require site-wide utilities connections, access arrangements, safety systems, and integration with the wider district infrastructure within Qiddiya.
The US$1161 million project includes the following:
1. Construction of a racecourse venue complex (130hectares, 70,000 spectators)
2. Construction of equestrian venues(2.2 Kilometer main turf track, 2.4 Kilometer inner dirt track)
3. Construction of the 1,000-seat grandstand
4. Construction of the 110-m-long central parade ring positioned at the heart of the venue
5. Construction of cultural institutions
6. Construction of a large central park
7. Construction of shaded communal plazas
8. Construction of streets for walking and cycling
9. Construction of housing units
10. Construction of educational facilities
11. Construction of hospitality facilities
12. Construction of public infrastructure facilities
13. Temporary site facilities and services
14. Groundworks and substructure works
15. Construction of associated facilities
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26 June 2026
Trojan General Contracting has been appointed as the main contractor with a contract value of SAR 4.3 billion(US$1.1 billion) on the project.
23 April 2026
The main contract bids are still under evaluation.
18 February 2026
The main contract bids are submitted on the project. Market sources indicates Trojan General Contracting, Consolidated Contractors Company, Modern Building Leaders, JV of China Railway Construction Corporation and alfanar Construction, JV of Shapoorji Pallonji and IHCC amongst others submitted the bids.
02 February 2026
The bid submission deadline has been extended from January 26, 2026 to February 15, 2026.
12 December 2025
Market sources indicate that El Seif Engineering Contracting Company, MIDMAC Contracting Company, Modern Building Leaders, Trojan General Contracting, Alfanar Construction and China Railway Construction Corporation amongst others have been invited to bid.
03 December 2025
The main contract tender has been issued and the bid submission deadline is January 26, 2026.
25 November 2025
The main contract tender is expected to be issued by December 1, 2025.
