Bechtel Among Bidders to Manage Saudi Projects

The video discusses the bidding process for a significant contract in Saudi Arabia, involving companies like Bechtel and Hail International. The contract is linked to the National Project Management Office, a new government body aimed at improving efficiency and reducing oil dependency. The winning company will manage various projects, ensuring they meet timelines and budgets, and will work closely with the government to enhance relationships and transfer expertise.

Which of the following companies is NOT mentioned as bidding for the contract in Saudi Arabia?

• Bechtel

• Apt

• Siemens

• C2M

What is one of the main benefits for the company that wins the contract?

• Access to international markets

• Building a relationship with the government

• Tax exemptions

• Exclusive rights to oil resources

What is the primary purpose of the National Project Management Office?

• To oversee military operations

• To manage international trade agreements

• To coordinate government projects and improve efficiency

• To increase oil production

Who heads the Economic Council associated with the National Project Management Office?

• Prince Alwaleed bin Talal

• Deputy Crown Prince Mohammed bin Salman

• Minister of Finance

• King Salman

What is one of the tasks of the company that wins the contract?

• Providing engineering support if needed

• Developing new oil fields

• Managing tourism projects

• Building new schools