📋 Tender Overview
Scope of Work:
To Develop Jeddah Central Project.
Description:
Jeddah Central Development Company, has launched the master plan and main features of the Jeddah Central Project (previously known as New Jeddah Downtown). The ambitious SAR75 billion project will develop 5.7 million square meters of land overlooking the Red Sea to be financed by the Public Investment Fund and from local and international investors. The launch of the master plan and main features comes as part of HRH the Crown Prince’s efforts to develop all regions and cities of the Kingdom. The project envisions the creation of a world-class destination overlooking the Red Sea in the heart of Jeddah and will further strengthen the city’s economy.
The Jeddah Central Project is expected to achieve an estimated added value of SR47 billion riyals for the Kingdom’s economy by 2030. It will include four notable landmarks (Opera House – Museum – Sports Stadium – Oceanarium) and contribute to opening the way for the local private sector to participate in the development, which will help shape the operation of promising economic sectors including tourism, entertainment, culture, and sports. In addition, the city will benefit from the building and development of modern residential areas, encompassing 17,000 residential units and diversified hotel projects that offer more than 2,700 hotel rooms, and the provision of integrated solutions for the business sector. The project will feature a world-class marina and stunning beach resorts, as well as an restaurants and cafes, and diverse shopping options.
The project master plan reflects the Hijazi essence of urban fabric and blocks that characterize the historic city of Jeddah in a contemporary interpretation designed to the highest international standards. It also considers the application of the latest technologies to transform Jeddah into a “smart destination,” creating an effortless experience for residents and visitors. In addition, the design of the project has adopted world-class sustainability programs to contribute to supporting the environment and the economy, in line with the objectives of the Saudi Green Initiative. More than 500 expert engineers and consultants participated in the development of the master plan, representing five of the best design houses in the world.
Developers:
2) Ajlan & Bros Holding Group
Al Olaya, Riyadh, Saudi Arabia
Tel: +966 11 466 5555
Email: info@ajlanbros.com
https://ajlanbros-holding.com/
Previous Events: August 2022- JCDC signs desal MoU with Waterise and Ajlan Bros Holding for the development of state-of-the-art desalination technology within the Jeddah Central Project.
July 2022- JCDC has signed an agreement with GMP International Spain GMBH and urban development consultants Khatib and Alami to design the Stadium at the Jeddah Central Project.
May 2022- JCD
