The Jeddah Central Development Company (JCDC), a wholly-owned unit of Saudi wealth fund Public Investment Fund (PIF) and the master developer of the Jeddah Central Project, has signed key contracts in line with its mandate create a global destination in the heart of Jeddah. These include a contract to start construction work on the $20-billion Jeddah Central Project and another deal for the development of state-of-the-art desalination technology for the project.
The mega project, previously known as New Jeddah Downtown, is being developed on a 5.7-million-sq-m plot of land overlooking the Red Sea in a strategic area near Al Salam Palace.
The master developer said the construction contract includes the implementation of infrastructure and marine works, demolition of 400 buildings and infrastructure in the first stage, and the re-routing of infrastructure services, which include electrical ground installations, sewage pipes and water supply, with a total length of 6.5 km, according to a Saudi Press Agency (SPA) report. It also involves reclamation and offshore drilling, backfilling with the excavated material, which is estimated at 4 million cu m of earthworks, in addition to soil remediation and site preparation to start construction on the 1.5-million-sq-m site using the best engineering techniques.
The scope of work includes yacht marinas with a length of 2.5 km and floating berths within the marina, construction of waterfront berths along a length of 1.5 km, and the rehabilitation of public and private sandy beaches, according to the report.
Jeddah Central Project, which will be developed in three main phases, has multiple components, including a waterfront that is 9.5 km in length.
Four main landmarks will be set up in the centre of Jeddah: a museum, an opera house, a sports stadium and an oceanarium. It will also feature 17,000 residential units along with resorts and hotels with more than 3,000 rooms.
JCDC has also signed the Memorandum of Understanding (MoU) with Waterise, a global leader in sustainable water infrastructure development, and Ajlan & Bros Holding Group, one of the leading investment holding conglomerates in the Middle East for the desalination project, which will help JCDC achieve its sustainable development objectives.
Waterise’s desalination system combines existing reverse osmosis (RO with leading subsea technology. This fully submerged ocean equipment will dramatically reduce the coastal land required, while also reducing each operation’s environmental footprint and emissions by significantly reducing the discharge of concentrated brine into coastal waters.