Jeddah Central Development Company (JCDC) has awarded a contract to Modern Building Leaders (MBL) for carrying out development works for first phase of its $20bn (SAR75bn) Central Jeddah (previously called New Jeddah Downtown) project.
A completely-owned unit of Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF), JCDC is building this project on a 5.7-million-m2 area in Jeddah, reported Trade Arabia News.
Under the terms of the contract, the scope of work for MBL features undertaking the project’s infrastructure and marine works that will lead to demolition of almost 400 buildings within the city’s present infrastructure for the first phase.
This phase will also lead to relocation of electricity, waste management and water infrastructure services.
These infrastructure services run across 6.5km.
MBL will handle the dredging works, marine drilling and sustainable backfilling using the same drilled materials.
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These works will be followed by a period of soil testing and construction site preparation, while making use of the latest geotechnical engineering methods.
MBL will build sea berths and yacht marinas spanning 2.5 km along with floating berths within the marina itself.
According to JCDC, about 1.5km of waterfront berths will also be built and while the city’s public and private beaches will be equipped with modern new facilities.
The project’s phase one will commence in the heart of Jeddah, between Al-Salam Royal Palace and water desalination plant.
This project is aligned to the Saudi Arabia’s Vision 2030.
JCDC CEO Ahmed bin Abdulaziz Al Sulaim said: “The project is characterised by its emphasis on maintaining and enhancing the city’s coastal and marine sites, including a 9.5-km shoreline, 2.1 km of sandy beaches, and a world-class marina to accommodate local and international yachts.”
Image: The scope of work for MBL features undertaking the project’s infrastructure and marine works. Credit: Jeddah Central Development Company.