Jeddah Central Development Company Signs 4 Contracts Worth SAR 12 Billion

The Jeddah Central Development Company, a company owned by the Public Investment Fund (PIF), signed four construction contracts worth SAR 12 billion for three major architectural landmarks, including the Stadium, the Opera House and the Oceanarium, in addition to the infrastructure construction work for the first phase of the Jeddah Central destination location.

The CEO of the Jeddah Central Development Company, Eng. Ahmed bin Abdulaziz Al-Saleem, said during a ceremony held yesterday, that the construction work for the main architectural landmarks and infrastructure for the first phase will begin according to a timeline to accomplish the projects in accordance with the best international practices.

The Jeddah Central Development Company will open the Jeddah Central destination to receive visitors at the end of 2027 from inside and outside the Kingdom. The destination will include several diverse architectural landmarks, the Stadium, the Opera House and the Oceanarium, in addition to a number of facilities, including a sandy beach, a pier, a seafront promenade, and a marina.