Italian company WeBuild has won a $4.7 billion (17.62 billion riyal) contract to build dams to build an artificial lake in the mountain resort of Trojina in the Saudi city of Neom.
In March 2022, Prince Mohammed bin Salman, Crown Prince of Saudi Arabia, Prime Minister and Chairman of the Board of Directors of NEOM, announced the establishment of Trojina, a global destination for mountain tourism in NEOM, as part of NEOM’s plan and strategy to contribute to supporting and developing the tourism sector in the region.
The company said in a statement that it will build three dams to create a 2.8-kilometer freshwater lake in Trojina, which is part of the Kingdom’s Vision 2030 program.