Saudi Crown Prince launches infrastructure works and master plan for Rua Al Madinah Project

Saudi Crown Prince launches infrastructure works and master plan for Rua Al Madinah Project

NNA - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund (PIF), has inaugurated the infrastructure works and unveiled the master plan for the Rua Al Madinah Project in the area east of the Prophet’s Mosque. The project is being developed and implemented by Rua Al Madinah Holding Company, a PIF company that specializes in development, operation, and real estate investment in Madinah. A part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.

HRH Crown Prince stated that the Rua Al Madinah Project will  raise the capacity to facilitate  hosting 30 million Umrah pilgrims by 2030. The project will be implemented to the highest international standards in an indication of the continuous support from the Kingdom’s leadership to Madinah to consolidate its position as a modern Islamic and cultural destination. After rehabilitating 1.5 million m2, the project is set to add over 47,000 hotel rooms by 2030, in addition to open spaces and green areas that will enhance the location’s serene ambiance. As much as 83,000 m2 of the project’s master plan will consist of