Keen to share the cost, workload, and rewards of developing the city and its environs with the private sector, the Jeddah Development and Urban Regeneration Company (JDURC) is seeking to engage private stakeholders through public-private partnerships (PPPs).
The results of a concerted effort to address decades of rapid unplanned growth in Saudi Arabia’s second-largest city are beginning to become clear as transportation plans advance and major development projects get under way. These efforts look set to facilitate sustainable growth and diversification in the coming years and will ultimately help...
With Jeddah’s population expected to grow to 5m by 2029, from its current size of 3.6m, a considerable number of new cars and people are taking to the streets each year, putting increasing pressure on infrastructure. While plans are afoot to reduce reliance on cars through an integrated transport system, this is not due to be fully operational...
In what ways is business conducted differently in Jeddah compared to the rest of the Kingdom?
With more than 61,000 existing hotel rooms in the Holy City, Makkah is the largest hotel market in Saudi Arabia by far. In comparison the capital, Riyadh, offers 10,000 rooms and Medina 7800 rooms, according to industry website Top Hotel Projects. Despite the large number of rooms, occupancy rates in Makkah remain high. The average from...
January 2014 marked a major step forward for the Makkah Metro project with the passing of the pre-qualification deadline for potential bidders for phase-1 tenders, meaning much-needed additional mass transport capacity around the Grand Mosque and the wider city is that much closer to becoming a reality. “15 national and multinational consortia...
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