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6 giant Saudi projects coming in the new contract Featured

30 Jan 2020
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By the time we reach 2020, the Kingdom of Saudi Arabia is working on a group of giant projects in the areas of entertainment, culture and technology throughout the country, by investing billions of dollars that have been placed in these projects, where it is expected to be ready during the next ten years, which will pay Implementing the Kingdom’s 2030 vision forward.Another company in the Kingdom of Saudi Arabia made significant progress in 2019, when the Red Sea Development Company (TRSDC), the developer of the Red Sea project, announced its approval of the master plan of the project, which was designed by WATG in the United States, and “Boro Happold” from the Kingdom United, in January 2019.

The company is a wholly owned entity of the Public Investment Fund that oversees the development of the multi-stage Red Sea project.

The first phase of the plan is scheduled to be completed in 2022 and includes 14 luxurious and luxurious hotels with 3,000 rooms, all over the five islands and two indoor resorts. TRSDC said its master plan maintains 75% of the islands of the tourist region, and 9 islands have been designated as sites of significant environmental value. The construction of the masterplan required several redesigns to avoid the potential disruption of indigenous threatened species in the area.

City of Neom

The NEOM project, a hub of the Saudi ecosystem and a program for economic diversification in Vision 2030, has a cost of about $ 500 billion (1.9 trillion Saudi riyals) and is one of the most well-known projects in the Kingdom at the present time.

The development of NEOM recorded significant progress in 2019. In January, the first flight landed on the site, when Saudi Arabian Airlines landed there with two Airbus A320 aircraft carrying 130 project personnel to the NEOM airport.

The trip to Nayum followed the approval of the master plan for “Nayum Bay” by the Nayoum Founding Council headed by Crown Prince Muhammad bin Salman bin Abdulaziz. “New Bay” will be the first urban area to be developed within the project boundaries. Construction began in the first quarter of 2019. This was followed by the formation of a private joint stock company called Neom to lead the development of the project.

Amala is a new project launched by the Saudi Public Investment Fund in the framework of its endeavor to expand its investment portfolio to more than 400 billion dollars by 2020, which is a tourist front on the Red Sea coast for recovery, health and treatment.

And «Amala» is located on the coast of the Red Sea, specifically within the Prince Mohammed bin Salman Nature Reserve in the northwest of the Kingdom, and extends over an area of ​​3800 square kilometers, and its site is mediated by the city of “Neum” and the Red Sea Tourist Project

Amala will be developed in 3 locations within the Prince Mohammed bin Salman Nature Reserve on the northwest coast of the Kingdom of Saudi Arabia, and the area of ​​the project will exceed 3800 square kilometers.

By 2028, the project aims to create 2,500 luxurious rooms and suites, 700 villas and apartments, in addition to 200 high-end stores, a collection of distinguished exhibitions and galleries.

Jeddah Tower

When the Jeddah tower is completed in 2020, it will be the tallest in the world, leaving Burj Khalifa at number two. This elevated project will reach a height of 1 km and include more than 40 shareholders in the project.

The building will include 200 floors, more than 750 residential units, and permanent-serviced apartments, in addition to 3,190 car parks, and nearly 60 elevators.

Kadiyya

Qiddiyah is an important part of the changes currently taking place in the Kingdom.

As it is a catalyst for the national transformation, and contributes to enriching the lives of citizens, while stimulating innovation in the sectors of creativity, hospitality and entertainment.

Al-Qudiah Investment Company revealed the projects that will be implemented in the first phase of Al-Qidiya, which amount to more than 45 projects and more than 300 activities across the sectors of creativity, hospitality, entertainment and sports, and assigning 20 architectural firms to design 12 milestones of the facade and some other important milestones, in addition to A team of more than 500 professionals of 30 nationalities in cooperation with the Danish company, “BIARK ENGAGLES GROUP”, which is currently building projects of all sizes, from high towers to creative facilities, culture and sports facilities.

The Qiddiya project is located 45 km from the city of Riyadh, where it will be developed on an area of ​​334 sq km with a development area that constitutes 30% of the total area, so that the remaining area of ​​the project land remains for natural features. Qiddiya will create economic opportunities, and the project will create thousands of new jobs that will stimulate the development of new sectors to contribute to promoting a diversified economy and combining an active and healthy lifestyle.

Red Sea Project

Another company in the Kingdom of Saudi Arabia made significant progress in 2019, when the Red Sea Development Company (TRSDC), the developer of the Red Sea project, announced its approval of the master plan of the project, which was designed by WATG in the United States, and “Boro Happold” from the Kingdom United, in January 2019.

The company is a wholly owned entity of the Public Investment Fund that oversees the development of the multi-stage Red Sea project.

The first phase of the plan is scheduled to be completed in 2022 and includes 14 luxurious and luxurious hotels with 3,000 rooms, all over the five islands and two indoor resorts. TRSDC said its master plan maintains 75% of the islands of the tourist region, and 9 islands have been designated as sites of significant environmental value.

The construction of the masterplan required several redesigns to avoid the potential disruption of indigenous threatened species in the area.

source: news1

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