JCDC Receives Recognition for Organizational Excellence from ‎EFQM

Jeddah Central Development Company (JCDC), a company wholly owned by the Public Investment Fund (PIF), has been given a prestigious 4-star recognition for its outstanding organizational performance from the European Foundation for Quality Management (EFQM), the first real estate development company to earn this award.

The awarding took place at the conclusion of EFQM 2nd Middle East summit held in Abu Dhabi.

This milestone acknowledges JCDC’s commitment to maintaining the highest standards of organizational excellence, particularly through its adoption of the globally renowned EFQM model, which places a strong emphasis on achieving sustainable results guided by the following key criteria: vision and strategy, fostering a robust organizational culture, creating lasting and sustainable value, and driving performance and transformation.

JCDC CEO Eng. Ahmed Al Sulaim expressed pride in this significant accomplishment, reaffirming the company’s dedication to upholding the highest standards of institutional excellence and quality in all its operations.

He said: “At Jeddah Central Development Company, we aspire to be leaders in institutional excellence, setting an example in implementing the best local and global professional practices. We remain committed to enhancing our capabilities and improving performance, in line with Saudi Vision 2030 and to achieve its three main pillars: a vibrant society, a thriving economy, and an ambitious nation.”

JCDC, established in 2019, is the master developer of “Jeddah Central”, a destination spanning over 5.7 million square meters that aims to become the vibrant heart of the city and a model destination that enriches and supports the national economy, and improves the quality of life in the Kingdom of Saudi Arabia.