PIF-owned JCDC partners with Dar Al-Handasah for first phase of $20bn Jeddah Central Project

  • 5/31/2022
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RIYADH: The PIF-owned Jeddah Central Development Co. has partnered with Dar Al-Handasah Consultants to complete the master plan design for the first phase of the Jeddah Central Project worth SR75 billion ($20 billion). The first phase will include three main architectural landmarks; an opera house, stadium, and oceanarium and coral Farms, according to a statement. Dar Al-Handasah will be responsible for the design and technical consultation of the Jeddah Central Project spread over 5.7 million square meter in central Jeddah. “With an investment of SR75 billion, it is considered to be one of the largest projects in the Kingdom of Saudi Arabia,” Ahmed Al-Sulaim, CEO of the company, said. “JCDC’s aim is to develop high-quality projects in vital sectors, while enhancing the cultural and social identity of the city of Jeddah,” he added.

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