Jeddah signs landmark construction deals worth US$3.2 billion

Catrin Jones Editor, Construction Europe

07 February 2024

A public investment firm-backed firm has signed a contract worth SR12bn (US$3.2 billion) to construct major landmarks in Jeddah.

Jeddah's coastline The view of Jeddah's coast (Photo: AdobeStock)

The Jeddah Central Development Company will be responsible for building three significant architectural landmarks, including a stadium, opera house and oceanarium.

Alongside this, the company is also responsible for the construction of infrastructure for the first phase of the Jeddah Central destination, according to a report by the Saudi Press Agency.

The Jeddah Central destination will open to visitors at the end of 2027 and will include several diverse architectural landmarks, in addition to a number of facilities such as a sandy beach, a pier, a seafront promenade, and a marina.

During a recently held ceremony, CEO Ahmed Al-Saleem of Jeddah Central Development Co. announced the immediate construction of landmarks and framework for the initial phase.

Saudi Arabia Projects Construction Project Planning
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA