In a filing with Bursa Malaysia, Eversendai deputy group managing director Narishnath Nathan said it is proud to collaborate with Emirates Steel on the NEOM Trojena Ski Village, a landmark project as it will showcase the company’s collective capabilities in delivering world-class steel construction solutions.

“This partnership highlights our commitment to pushing the boundaries of engineering and construction.

“The NEOM Trojena Ski Village is poised to become a premier global destination, offering unparalleled recreational experiences in the region,” he said.

Narishnath said Emirates Steel will supply premium steel beams for the construction of the Ski Village.

Meanwhile, Emirates Steel CEO Saeed Alghafri said that the group is delighted to partner with Eversendai on the project which promises to be a staple of NEOM in Saudi Arabia.

“Emirates Steel is committed to supplying benchmark sustainable steel solutions that meet the stringent demands of innovative construction projects.

“This collaboration exemplifies our dedication to driving sustainable growth across the Gulf Cooperation Council and delivering value to our partners and stakeholders,” said Saeed.

At the close of trading, Eversendai’s share price was up by 4 sen or 7.48% at 57.5 sen, giving the group a market capitalisation of RM449 million.