According to media reports, a construction company from Saudi Arabia New Murabba Development Company (NMDC) will complete the structural steel contract for $ 1 billion for the MUKAAB project in Riyadh. The transaction reportedly is the largest contract for structural steel in the world.
Steel contract covers the dense foundations of mukaab, which will require about 1 million tons of structural steel. This scale of demand positions the project as a guideline in world consumption of steel for construction.
project Mukaab
Mukaab is designed as a 400-meter building to The form of a cube, which makes it one of the world's largest structures in volume.
The project is part of the New Murabba initiative, a large-scale multifunctional city project in the northwest of Er-Riyad. In addition to mukaaba, the initiative will include:
- trade and residential complexes
- hotel and cultural objects
- Stadium intended for the World Cup 2034
Global value
Mukaab requirement at 1 Million tons of steel emphasizes its influence not only on the Saudi Arabian market, but also on the world industry.