Scope of WorkTo Develop Masar a New Cultural Destination in Makkah.DescriptionThe King Abdul Aziz Road is the core component of Masar which expresses the comprehensive mobility concept by incorporating multiple routes. It includes a 3650-meter pedestrian route separating the two directions of the main vehicle route with an 80-meter-wide road thereby representing the natural extension of the Grand Mosques plazas. The destination also includes other routes such as the Bus Rapid Transit Network route and the Makkah Metro route.Masar is one of the most prominent model development projects seeking to serve Makkah residents visitors and pilgrims. It also strives to fulfill the objectives of the Kingdoms Vision 2030 to increase the number of Umrah pilgrims to 30 million by the year 2030 and improve the quality of life for Makkah residents and visitors.Its importance lies in its investment and development vision making it a modern landmark and cultural destination with multiple features. The project is based on an integrated infrastructure system and it strives to enhance the efficiency of services on a quantitative and qualitative level in addition to developing public and modern transport facilities and methods to develop the main western entrance of the holy capital.The importance of Masar lies in its position as it will receive 80 percent of Makkahs visitors as well as more than 60 percent of vehicles arriving from Jeddah. Masars progression will witness the addition of retail commercial cultural and government centers and several hotels and residential units the first batch of which will be inaugurated in 2023. International hotels such as the Kempinski Hilton Garden Inn and Taj will be some of the first developments of the project.UAQ is a closed joint-stock company with investors from the private sector and state-owned investment funds including the Public Investment Fund PIF Ministry of Finance Public Pension Agency the General Organization for Social Insurance and the General Authority of Awqaf.The project set a deadline for its projects completion. The Masar destinations infrastructure will be finished in 2022 the first development package will be finished in 2024 and the projects building development will be finished in 2038.
π Key Information
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Tender Reference No.
454647223
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Publication Date
11 Nov 2021
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Estimated Value
N/A
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Sector
Retail
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Deadline
31 Dec 2038
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Notice Type
Projects
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Location
Saudi arabia
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Contract Duration
17 Years 1 Month 20 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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