Understand Saudi Arabia’s hotels project market

4 October 2022

CASE STUDY: Jeddah Central Project

> Developer: Jeddah Central Development Company

Stage: Design

Estimated value: Phase 1 – $2bn; Phase 2 – $1bn

Jeddah Central is being developed on a 5.7 square-kilometre site and will comprise 17,000 residential units and 2,700 hotel keys, as well as an opera house, a museum, a sports stadium and an oceanarium. 

It will have six districts, named Central, Marina, Beach, Sport Park, Cultural & Creativity and Wellness.

The scheme will be delivered in three phases.


MEED's October 2022 special report on Saudi Arabia includes: 



> ECONOMY | Saudi economy soars as globe flounders

> GOVERNMENT | Riyadh looks to renew investor appetite


> BANKING | Saudi lenders eye new growth opportunities

> UPSTREAM | Aramco paces ahead with upstream projects

> DOWNSTREAM | Saudi downstream schemes register progress

> CHEMICALS | Saudi Arabia accelerates chemical projects


> POWER: Saudi Arabia needs to ramp up renewables

> WATER | Riyadh to implement over $30bn of water projects


> CONSTRUCTION | Major projects drive Saudi construction

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MEED Editorial
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    Read the March MEED Business Review

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    READ THE MARCH MEED BUSINESS REVIEW – clck here to view PDF

    Chinese contractors win record market share; Cairo grapples with political and fiscal challenges; Stronger upstream project spending beckons in 2025

    Distributed to senior decision-makers in the region and around the world, the March 2025 edition of MEED Business Review includes:

    > GULF PROJECTS INDEX: Gulf hits six-month growth streak
    To see previous issues of MEED Business Review, please click here
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