SAUDI ARABIA

Crown Prince launches infrastructure works and master plan of Rua Al Madinah Project

August 24, 2022
Crown Prince Mohammed bin Salman.
Crown Prince Mohammed bin Salman.

Saudi Gazette report

MADINAH Crown Prince Mohammed bin Salman, chairman of the Council of Economic and Development Affairs and the Public Investment Fund (PIF), launched on Wednesday the infrastructure works and the master plan for the Rua Al Madinah Project.

The project would cover 1.5 million square meters on an area located on the east of the Prophet’s Mosque. The project is set to add over 47,000 hotel rooms by 2030, in addition to, open spaces and green areas that will enhance the location’s serene ambiance. As much as 83,000 sq. meters of the project’s master plan will consist of green areas, with open and green spaces comprising 63 percent of the project’s total land area.

The project is being developed and implemented by Rua Al-Madinah Holding Company, a PIF company that specializes in the development, operation, and real estate investment in Madinah. As part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.

Crown Prince said that the Rua Al-Madinah Project will raise the capacity to facilitate hosting 30 million Umrah pilgrims by 2030. The project will be designed and implemented in line with the highest global standards and that is an indication of the continuous support from the Kingdom’s leadership to Madinah to consolidate its position as a modern Islamic and cultural destination.

The project offers many integrated transportation solutions, including nine bus stations for visitors, a metro station, tracks for self-driving vehicles, and underground parking. These are being introduced to facilitate visitor access to the Prophet’s Mosque and will support both residential and commercial activity while helping to create many job opportunities.

The project aims to elevate the city’s status as a modern Islamic and cultural destination for pilgrims. It features modern urban planning and large-scale development projects that will contribute to an increased quality of life by enhancing the comfort and enriching the experience of Madinah’s residents and visitors.

The project also seeks to enrich the quality of services provided and boost the hotel inventory of the area on the east side of the Prophet’s Mosque, including a luxury segment.

Rua Al-Madinah Holding Company aims to contribute to achieving the goals of the Hajj, Umrah, and travel sectors outlined in Vision 2030 by enriching the experience of visitors to the city. It also seeks to revive the city’s cultural and architectural heritage, which has been carefully considered throughout the development process.

The project showcases many historical monuments that are of huge significance to the legacy of the Prophet (peace be upon him) and his Companions, while the holy city’s unique heritage is reflected in the design of all buildings and facilities.

Rua Al-Madinah Holding Company’s strategy is closely aligned with the PIF’s drive to stimulate growth in the Kingdom’s promising vital sectors, in line with the goals of Vision 2030.


August 24, 2022
4580 views
HIGHLIGHTS
SAUDI ARABIA
6 hours ago

Prince Faisal received by Al Busaidi in Muscat

SAUDI ARABIA
6 hours ago

Saudi-Omani expo promotes long-term partnership in investment, industry, and trade sectors

SAUDI ARABIA
6 hours ago

Literature Commission to participate in London Book Fair, invites publishers to register