49= Jeddah Central Development Project
Project Overview
The revitalisation of the 6 sq km central
district of Saudi Arabia’s second city will lead to the old city being divided into waterfront and historic areas. An engineering, procurement and construction award is due in the first quarter of 2011.
Project Analysis
Saudi Arabian market demands affordable housing
While Saudi Arabia’s Eastern Province has several high-end property projects under way, the growing requirement for low-cost homes is not being met
Company Announcements
Key Facts
Client: Jeddah Central District Company
Sector: Real Estate
Stage: Design
Budget: $8bn
Completion date: Q4 2032
Location: Saudi Arabia
News
Riyadh prepares tenders for Mecca-Medina rail link
The second round of bidding on the Haramain high-speed rail project between Mecca and Medina is to start by the end of June, as the Saudi Railways Organisation (SRO) seeks to progress the $6bn link between the holy cities.
MEED Projects
