Since 1955, we have led the way in delivering innovative and highly buildable designs that always consider our clients’ commercial objectives and global environmental concerns. We employ over 3,500 staff in more than 30 offices worldwide and have worked on some of the largest and most complex building and infrastructure projects. Clients look to us for start-to-end project consultancy ranging from feasibility study, master planning, detailed design, and project management through to delivery, which includes among other capabilities, construction supervision and testing and commissioning.

Meinhardt’s Role at KAFD and ITCC:

Meinhardt has been appointed by Rayadah Investment Company (RIC) to provide expert review of the architecture, facades and MEP construction work on the King Abdullah Financial District (KAFD) and Information Technologies Communications Complex (ITCC) projects in Riyadh, Saudi Arabia. Meinhardt has been involved in the projects for the last 2 ½ years.

RIC is responsible for the management and operation of the real estate projects owned by the Public Pension Agency (PPA). In our role on site we inspect the buildings and review the design documents reporting any non-conformances to the client. Meinhardt also provides advice to the client on a range of issues and reports to the RIC Board and the Governor of the PPA on a quarterly basis on the project quality.

All our staff on site has a minimum of 15 years experience as required by the Client.

Project Description:

The King Abdullah Financial District is designed as a state-of-the-art and fully self contained centre for doing business and facilitating investment and enterprise in the Kingdom and, in due course, in the wider region.
Many of the world’s major banks, financial institutions and professional service companies - already operating in Saudi Arabia – have indicated their intention to locate in the District in order to play a major part in the diversification of the world’s major oil economy.

The King Abdullah Financial District will be the headquarters for the Capital Market Authority (CMA) and the Stock Exchange (Tadawul), and for financial institutions and other service providers such as accountants, auditors, lawyers, analysts, rating agencies, consultants, and IT providers.