Latest news with #EasternProvinceMunicipality
Leaders
06-07-2025
- Business
- Leaders
1st Phase of North Al-Khobar Development Project Launched to Boost Tourism
The Eastern Province Municipality, in coordination with Al-Khobar Municipality, has officially launched the first phase of the North Al-Khobar development project. This initiative is designed to strengthen the area's position as a key commercial center, while emphasizing its economic, tourism, and cultural value. The project aims to upgrade municipal infrastructure, enhance public services, and create greener, more livable urban spaces. Spanning more than 300,000 square meters, the first phase is located between Prince Turki Street and King Khalid bin Abdulaziz Road, and between 21 Street and Prince Faisal bin Fahd Road. Major features include over 40,000 square meters of new pedestrian sidewalks and 5,490 linear meters of roadways. Additional elements comprise ample parking, shaded trees, more than 5,800 square meters of landscaped green areas, seating benches, pedestrian safety enhancements, asphalt paving, improved lighting, and clear directional signage. This phase is expected to enhance North Al-Khobar's appeal as a vibrant commercial and tourism hub, preserving its commercial identity while making it more accessible and attractive to visitors from across the region and beyond. Related Topics: Summer Splash 2025: Energetic Races across Jeddah, Riyadh & Al-Khobar Jeddah lnaugurates First Sandy Beach in North Obhur Lauri Beach Activities Begin in Al-Shaqiq Discovering Paradise: Half Moon Bay Beach's Coastal Haven Short link : Post Views: 26
Zawya
01-07-2025
- Business
- Zawya
Saudi Arabia's NCP announces major PPP projects in Makkah and Dammam
Saudi Arabia's National Centre for Privatisation & PPP (NCP) has announced two major Public-Private Partnership (PPP) opportunities in Makkah and Dammam involving healthcare, retail, and mixed-use projects as part of the Kingdom's Vision 2030 agenda. Makkah: Healthcare and commercial hub PPP NCP and the Holy Makkah Municipality has initiated the Expression of Interest (EOI) and Request for Qualification (RFQ) process for joint development project on Prince Sultan bin Abdulaziz Road (Makkah–Alhada). The project aims to convert a 219,416-square-metre (sqm) government-owned plot, with direct access to Al Haram and other key landmarks, into a mixed-use healthcare and commercial zone. The RFQ was issued on 26 June 2025, with submissions due by 27 July 2025. Structured as a Build-Own-Operate-Transfer (BOOT) model with a 30-year concession, the scope includes: Financing, constructing, and operating a 200-bed long-term care hospital, a 100-bed multi-specialty hospital, a regional shopping mall and big-box retail spaces Leasing, operations, and facilities management Transferring the project to the Holy Makkah Municipality at the end of the contract Dammam: King Fahd Suburb Boulevard PPP NCP and the Eastern Province Municipality has initiated the Expression of Interest (EOI) phase for King Fahd Suburb Boulevard, a sprawling 1,000,000-sqm mixed-use project located in the King Fahd Suburb of Dammam. The two-phase project aims to transform government-owned land and commercial plots owned by Ashraq Development Company, the development arm of the Eastern Province Municipality, into a mixed-use destination featuring parks, recreational areas, retail, hospitality, and office spaces. The EOI notice was issued on 25 June 2025, with submissions due by 16 July 2025. The project is being procured under a Design-Build-Finance-Operate-Maintain-Transfer (DBFOMT) model, and its scope encompasses: Develop, operate and maintain commercial, leisure, retail, hospitality, and entertainment facilities Integrate walkways, sports zones, and sustainable, community-focused features Additionally, revenue-sharing agreements will be established between the developer, Ashraq, and government entities, with full asset handover to the public sector at the end of the 30-year concession. (Writing by SA Kader; Editing by Anoop Menon) (
