📋 Tender Overview
Scope of Work:
Rua Al Madinah Project.
Description:
The project would cover 1.5 million square meters on an area located on the east of the Prophet’s Mosque. The project is set to add over 47,000 hotel rooms by 2030, in addition to, open spaces and green areas that will enhance the location’s serene ambiance. As much as 83,000 sq. meters of the project’s master plan will consist of green areas, with open and green spaces comprising 63 percent of the project’s total land area. The project is being developed and implemented by Rua Al-Madinah Holding Company, a PIF company that specializes in the development, operation, and real estate investment in Madinah. As part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.
Rua Al-Madinah Project will raise the capacity to facilitate hosting 30 million Umrah pilgrims by 2030. The project will be designed and implemented in line with the highest global standards and that is an indication of the continuous support from the Kingdom’s leadership to Madinah to consolidate its position as a modern Islamic and cultural destination. The project offers many integrated transportation solutions, including nine bus stations for visitors, a metro station, tracks for self-driving vehicles, and underground parking. These are being introduced to facilitate visitor access to the Prophet’s Mosque and will support both residential and commercial activity while helping to create many job opportunities. The project aims to elevate the city’s status as a modern Islamic and cultural destination for pilgrims. It features modern urban planning and large-scale development projects that will contribute to an increased quality of life by enhancing the comfort and enriching the experience of Madinah’s residents and visitors. The project also seeks to enrich the quality of services provided and boost the hotel inventory of the area on the east side of the Prophet’s Mosque, including a luxury segment.
Previous Events:
February 2023- Parsons bags consultancy contract to provide construction project management consultancy and contract administration services (PMCM) for the Rua Al Madinah mega mixed-use real estate project.
24 August 2022-Chairman of the Council of Economic and Development Affairs and the Public Investment Fund (PIF), launched the infrastructure works and the master plan for the Rua Al Madinah Project.
