📋 Tender Overview
Scope of Work:
New Waterfront Development Project in Yanbu.
Description:
Saudi Arabia’s tourism sector continues to expand, with Baheej Tourism Development Co. unveiling a new waterfront development project in Yanbu. This joint venture between ASFAR, a Saudi tourism investment company owned by the Public Investment Fund, and the Tamimi-AWN Alliance, aims to develop the waterfront area of the Royal Commission at Yanbu.
The initial project will cover 32,000 sq. m. and feature three leisure assets: a beach, a tourist activation center, and a hotel. It is set for complete unveiling in 2027. A fourth component is scheduled to be announced at a later date. Each aspect of the project aims to provide memorable and sustainable tourism experiences. Visitors will soon have the opportunity to explore Yanbu, a city with a rich history dating back to the 16th century, renowned for its architectural heritage and sandy beaches. Baheej envisions Yanbu as an iconic location that showcases Saudi Arabia’s culture, history, and natural beauty, providing a unique destination to tourists.
The project’s development in three phases, emphasizing community engagement, sustainability, and minimal environmental impact. By analyzing risks and investment opportunities, the project aims to position Yanbu as a locally and internationally sought-after tourist destination. Baheej’s role will involve integrating local culture and promoting protection of the planet, enhancing Yanbu’s appeal and supporting regional development. This approach aims to transform Yanbu’s hospitality sector, blending community heritage with environmental stewardship.
