The project originally named "New Jeddah Downtown" will be implemented in three phases, with the first phase expected to be completed by the end of 2027, the second phase by 2030, and the third phase after 2030. The Jeddah Central Development Company, established by the Public Investment Fund (PIF) in 2019, with the Saudi Crown Prince personally serving as the chairman of the board, is specifically responsible for the implementation of this project.

$3.2 billion! Saudi Jeddah Central Comprehensive Infrastructure Project Goes Live

The Jeddah Central Development Company (JCDA), a subsidiary of the Saudi sovereign wealth fund, the Public Investment Fund (PIF), has announced externally that the CEO of the company, Ahmed Al Sulaim, has officially signed contracts for four core landmark construction projects and infrastructure construction projects under the Jeddah Central Destination Tourism Complex Infrastructure Development Project.

The four engineering contracts include the construction of a sports stadium, opera house, museum, aquarium, as well as Phase One infrastructure and public facility construction. The total investment for the four projects is estimated to be SAR 12 billion, equivalent to $3.2 billion.

Overseas projects not only help improve local infrastructure, provide ample job opportunities, cultivate professional technical talents, and boost local economic and social development, but also promote advanced Chinese technologies, equipment, and construction management to go global. In this process, the "Made in China" label shines brighter and brighter.

Successful contract signing for the Saudi Jeddah Central Comprehensive Infrastructure Project

China Harbour Engineering Company (CHEC) has been awarded the contract to implement Phase One infrastructure engineering for the Jeddah Central Destination. This includes the construction of docks, parks, green spaces, and other basic projects.

China Railway Construction Corporation has won the bid for the construction project of the Jeddah Central Sports Stadium. Recently, a consortium consisting of China Railway Construction Corporation's Saudi branch and local Saudi contractor Sama Construction Company won the bid for the construction project of the Jeddah Central Sports Stadium.

The project is planned to commence construction in February 2024 and be completed by 2026. This project will become another large-scale sports stadium facility project undertaken by China Railway Construction Corporation in the Middle East Gulf region after successfully constructing the "Al Janoub Stadium" for the Qatar World Cup in Doha. It will directly serve the Saudi Arabia FIFA World Cup in 2034.

The implementation contract for the Jeddah Sports Stadium has been awarded to a consortium of China Railway Construction Corporation's Saudi branch and Sama Construction Company. The stadium will be built according to FIFA standards, with unique architecture and cooling systems for the stands and stadium, accommodating 45,000 spectators and hosting regional and international events.

Stadium

The Jeddah Central Tourism Authority stated in a declaration that the construction contract for the Oceanarium project has been awarded to Modern Building Leaders (MBL) Company (a Saudi local enterprise chaired by Mohammed Saleh Bin Laden, an important member of the Saudi Bin Laden family). The Oceanarium will provide visitors with a unique experience, reinforcing Jeddah's status as a regional and global leader in marine environment conservation. Meanwhile, the construction project contract for the Jeddah Opera House has also been awarded to MBL.

Aquarium

Theater

Museum

The Jeddah Central Project is an important part of Saudi Arabia's ongoing large-scale comprehensive infrastructure investment and development plan, aimed at revitalizing the historical and cultural heritage of the Hijaz region and promoting Jeddah as the cultural and tourism center of the Saudi region. The core of this project, Jeddah Central Destination, is planned to open its doors to visitors in 2027, becoming a new landmark for tourism in Jeddah.

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