RCU partners with AECOM and Egis-led consortium ahead of masterplan launch in 2021 – Construction Week Online

  • Date: 27-Oct-2021
  • Source: Construction Week
  • Sector:Economy
  • Country:Saudi Arabia
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RCU partners with AECOM and Egis-led consortium ahead of masterplan launch in 2021 – Construction Week Online

The Royal Commission for AlUla (RCU) has signed two landmark strategic partnerships that will further accelerate the regeneration of AlUla as it moves from the planning stage to implementation following the launch of its masterplan in April, 2021.

The agreements with AECOM and an international French consortium comprising Egis, Assystem and Setec set out a development timeline based around three phases that lead up to 2035.

Phase 1 development amounts to more than $15bn (SAR57bn) invested in AlUla’s core 20km historical area. This incorporates social, economic and sustainability projects in five unique hubs with a focus on infrastructure, hospitality, arts & culture, and social and community development.