RCMC launches new phase of Makkah districts at over SAR 16.3B

Logo of The Royal Commission for Makkah City and Holy Sites (RCMC)

The Royal Commission for Makkah City and Holy Sites (RCMC) launched the new phase of the Developed Neighborhoods Program, with investments exceeding SAR 16.3 billion, reflecting the level of confidence in the future of Makkah, and the continuation of the urban development process being witnessed by the holy city.

The new phase features the development of 7 sites in the heart of Makkah and its surroundings, namely: South Jurhum, Al-Hajlah, Al-Khalidiyah, East Al-Hindawiyah, South Al-Hindawiyah, West Al-Hindawiyah, and Al-Zuhur, covering areas exceeding 4.4 million square meters, the commission stated.

It added that these projects come within an integrated urban vision for developing priority neighborhoods, improving quality of life, raising the efficiency of the urban environment, and creating a more attractive and sustainable investment environment through specialized projects and development partnerships that contribute to achieving the program’s objectives and enhancing integration among the entities participating in project implementation.

Development alliances comprising a number of national companies are participating in implementing the projects. The South Jurhum project includes an alliance of Muad International Co. Limited and Al Rajhi Real Estate Union Co., while the Al-Hajlah project includes an alliance of Zoud Al Oula Real Estate Co., Mohammed Abdulaziz Al Habib & Sons Holding Co., and Jadwa Investment.

Meanwhile, the Al-Khalidiyah project will be carried out by an alliance of Ladun Investment Co. and Al Ayuni Investment and Contracting Co., while the East Al-Hindawiyah project includes an alliance of Al Jada Al Oula Real Estate Development Co., Dar Al Majed Real Estate Co., Rikaz Real Estate Co., and Jadwa Investment.

The South Al-Hindawiyah Project and West Al-Hindawiyah project will be carried out by an alliance of Umm Al Qura for Development and Construction Co., Makkah Construction and Development Co., and Al Rajhi Real Estate Union Co., while the Al-Zuhur project includes Tawafuq Co. and Matoun Co.

“Through this phase, development partnerships are key in accelerating the development process and achieving its objectives through organized development that balances development and society, thus helping improve the urban environment and cityscape, and raise the quality of life in the targeted neighborhoods,” said the commission.

The new phase of the Developed Neighborhoods Program reflects the transition of projects from the planning stage to the implementation stage, thereby strengthening Makkah’s position as a sustainable development and investment destination and supporting its urban future in line with its status, it added.