Nesma Partners Contracting Co. currently manages a project portfolio worth up to SAR 40 billion, according to CEO Samer Abdul Samad.
Speaking to Argaam at the Future Minerals Forum (FMF), Abdul Samad explained that Nesma Partners collaborates with key players in the Kingdom, including NEOM, the Diriyah and Qiddiya projects, Aramco, and King Salman Park, contributing to Saudi Arabia’s Vision 2030 goals.
The CEO highlighted the company’s experience in the mining sector, as it has previously worked on projects with mining firms like Saudi Arabian Mining Co. (Maaden) and Almasane Alkobra Mining Co. (AMAK) 10 to 15 years ago.
He added that the company’s participation in last year’s third edition of the conference was aimed at understanding new trends in the sector, leading to the integration of mining into its 2024 strategy.
Nesma Partners is now exploring entry into the mining sector through potential partnerships or acquisitions. Abdul Samad said the final decision will depend on available opportunities in the near future.
He also highlighted recent contracts under Aramco’s Master Gas System program in 2024. The company secured new projects with KAPSARC and Diriyah’s Jabal Qurain district and aims to expand further through major upcoming projects.
According to Argaam, Rami Al-Turki, Managing Director and Chairman of Nesma Partners’ Executive Committee, recently revealed plans for a stock market listing. The company is studying this option with partners and the Public Investment Fund (PIF).
Nesma Partners Contracting Co. currently manages a project portfolio worth up to SAR 40 billion, according to CEO Samer Abdul Samad.
Speaking to Argaam at the Future Minerals Forum (FMF), Abdul Samad explained that Nesma Partners collaborates with key players in the Kingdom, including NEOM, the Diriyah and Qiddiya projects, Aramco, and King Salman Park, contributing to Saudi Arabia’s Vision 2030 goals.
The CEO highlighted the company’s experience in the mining sector, as it has previously worked on projects with mining firms like Saudi Arabian Mining Co. (Maaden) and Almasane Alkobra Mining Co. (AMAK) 10 to 15 years ago.
He added that the company’s participation in last year’s third edition of the conference was aimed at understanding new trends in the sector, leading to the integration of mining into its 2024 strategy.
Nesma Partners is now exploring entry into the mining sector through potential partnerships or acquisitions. Abdul Samad said the final decision will depend on available opportunities in the near future.
He also highlighted recent contracts under Aramco’s Master Gas System program in 2024. The company secured new projects with KAPSARC and Diriyah’s Jabal Qurain district and aims to expand further through major upcoming projects.
According to Argaam, Rami Al-Turki, Managing Director and Chairman of Nesma Partners’ Executive Committee, recently revealed plans for a stock market listing. The company is studying this option with partners and the Public Investment Fund (PIF).
