infrastructure: new developments saudi arabia 2012
Dubai-based MAF Shopping Malls has taken its City Centre shopping- mall brand into Saudi Arabia through a joint venture with the Al Ghazzawi Group. Among the projects is a US$29 million shopping centre called Jed- dah Riviera Mall. The 93,000-square- metre complex will host more than 300 retail outlets, including a Carrefour. The planned economic cities will include further retail investments. The Savola Group, which currently administers 14 Saudi shopping malls, signed a memoran- dum of understanding for the first phase of retail development within the Knowledge Economic City in Medinah. This will cover more than 100,000 square metres, in a deal worth US$133 million and will include a hypermarket and more than 300 stores. Furthermore, the company has plans for a second phase to expand the city's retail space by an additional 300,000 square metres.
INFRASTRUCTURE
In terms of infrastructure, Emaar the Economic City (EEC) and DP World have signed a memorandum of understand- ing to develop King Abdullah Economic City (KAEC) Sea Port in Jeddah. The Sea Port is one of the six key components of the 168-million-square metre KAEC. It is the largest port in the Red Sea and one of the top 10 ports in the world. A multi-purpose cargo terminal, the Red Sea Gateway Terminal (RSGT) received the worldÕs largest container ship in June last year.
Furthermore, the capacity of the port will be increased over several phases. There are also sea ports at Jeddah, Dammam, Jubail Industrial, Yanbu, Jizan and Dhiba. Saudi Arabia has three international airports: King Khalid International Airport in Riyadh; King Abdul-Aziz International Airport in Jeddah; and King Fahd Interna- tional Airport in Dhahran. Other major regional airport developments include Saudi Arabia's King Abdul Aziz airports in Madinah and Tabuk, totalling US$11.3 billion in investment.
Further transport investments include a high-speed rail link, which will run between Islam's holy cities of Makkah and Madinah, via the commercial hub of Jeddah. The new rail link aims to transport an estimated 10 million Umrah and Hajj pilgrims every year. It includes the construction of approxi- mately 500 kilometres of high-speed elec- tric railway lines between the three cities.
51
The network is part of a massive Kingdom-wide railway project, which also involves the construction of 950 kilometres of new track between Riyadh and Jeddah and another 115 kilometres of track between Dammam and Jubail. While today's key meetings and incentive spaces are in Riyadh, Jeddah and Dammam, there are plans to build several new facilities.
Established, developed and owned by the Jeddah Chamber of Commerce and Industry, the purpose-built Jeddah Centre for Forums & Events is a modern exhibition complex conveniently located minutes from JeddahÕs Business Centre, banks, government offices, shopping malls and major hotels.
New units will include additions to the Al-Qassim University, which has plans in place to build a major conference centre. The centre will include a 2,500-seat auditorium and 5,000 square metres of exhibition space. In Riyadh, the US$5.3 billion Princess Nora bint Abdulrahman University (PNU) opened in May 2011. The new universityis the largest women-only university in the world and covers 800 hectares, including 15 colleges, a conference hall and three research centres, together with housing, hostels and schools for primary, intermediate and secondary education. The university also offers recreational facilities for students.
Due to the vastness of the development, the university has its own high-tech transport system with computer-controlled vehicles to cater for the 50,000 students and 3,000 staff.
AL JARA WORLD-CLASS RESORT PROPOSED DEVELOPMENT PRINCESS NORA BINT ABDULRAHMAN UNIVERSITY
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96