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Alfanar Projects Wins MEED’s Esteemed National Industrial Project of the Year for its successful implementation of “Tuwaiq” Project
The Tuwaiq Casting & Forging project, implemented by Alfanar Projects,
was awarded the prestigious MEED award, in collaboration with Mashreq Bank, and recognized as the National Industrial Project of 2025 in the Kingdom of Saudi Arabia. With this achievement, Tuwaiq advances to the next stage of the MENA's 15th edition of the MEED awards in November 2025.
The award celebrates the project’s remarkable contribution to the national economy, driving industrial transformation and the Kingdom’s localization endeavors. This aligns with Saudi Arabia’s strategic vision to become an international hub for key industries.
With massive investment exceeding 3.5 BN SR, the Tuwaiq Casting and Forging facility covers approximately 400,000 sqm and features top-tier buildings for heavy industrial use, with a planned yearly production capacity of 60,000 tons.
Eng. Khalid Al Solami, Executive Vice President of Engineering Construction, stated, “Supporting cornerstone industrial projects within the Kingdom is crucial to hone our local production capabilities. We continue to invest our expertise in these vital projects that significantly impact the success of Saudi Vision 2030’s objectives toward economic diversification, strengthening local products, and supporting local and global supply chains.”