2= Sudair Industrial City
Project Overview
The industrial park in Sudair, 120km north
of Riyadh, will cover 264 sq km, making it 70 per cent bigger in terms of area than King Abdullah Economic City.
The city, being developed by Saudi Industrial Property Authority (Modon), will accommodate about 1 million residents once complete and is designed to alleviate growing congestion in Riyadh and reduce migration to the capital city.
It will include commercial, residential, technological, sports and leisure areas, and will be intersected by several key services, including the north-south railway and the country’s main east-west oil pipeline. Work has already begun on the first phase of the project.
Now in execution stage, the budget for the project has subsequently been revised upwards from $16bn to $40bn.
Project Analysis
The Gulf construction challenge
As the GCC projects market enters a new cycle of growth after the global crisis, the need for sustainable construction and consistent high quality in execution is pressing
News
GCC’s Top 100 projects reflects real-estate slump
Nine multibillion property schemes have left the rankings this year
Key Facts
Client: Saudi Industrial Property Authority (Modon)
Sector: Industry
Stage: Execution
Budget: $40bn
Completion date: Q4 2029
Location: Saudi Arabia
MEED Projects
