Jeddah Central Development Company (JCDC) has signed a memorandum of understanding (MoU) with Cruise Saudi to design a luxury cruise terminal for the Jeddah Central Project (JCP) in Saudi Arabia, reported TradeArabia.

JCDC is the master developer of the JCP and a completely -owned subsidiary of the country’s sovereign wealth fund Public Investment Fund (PIF).

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Cruise Saudi is also a fully-owned PIF company and is a specialist in development of cruise ecosystem.

Based on the MoU, the two entities will work together on the design for the cruise terminal as well as a marina at Jeddah Central.

The Marina and Luxury Cruise is expected to offer residents and visitors of Jeddah a new opportunity to experience the coastal areas.

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JCDC CEO Ahmed bin Abdul Aziz Al Sulaim was quoted by the news outlet as saying: “Jeddah’s proximity to the sea has greatly influenced its economic and cultural development over the years. JCDC’s plan is to develop a world-class marina that includes a luxury cruise destination, as a continuation of this rich maritime legacy.”

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He further noted: “Our partnership with Cruise Saudi will help us accelerate our efforts as we work to diversify the Kingdom’s tourism and entertainment industries, which is a key PIF and Saudi Vision 2030 objective.”

Cruise Saudi CEO Lars Clasen said: “This memorandum supports the efforts of Cruise Saudi in expanding beyond the scope of cruise services, and we look forward to working with JCDC. Together we will explore the myriad of opportunities the luxury cruise operations will enable within the Jeddah Central project, to provide the finest marine experience.”

Clasen added: “This shall assist in both parties realising their aspirations, and reflect positively on the kingdom’s tourist experience.”

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Image: JCDC and Cruise Saudi will work together on the design for the cruise terminal as well as a marina at Jeddah Central. Credit: shamyiukuen from Pixabay.