Visions of Makkah Al-Mukarramah project and its absorption
The Public Investment Fund announced its decision to establish the “Roya’a Al-Haram Al-Makki” company.
Which aims to develop projects that contribute to raising
the capacity to host the increasing number of visitors coming to the Kingdom to perform the Hajj and Umrah rituals.
It is hoped that the project will provide more than 160,000 job opportunities by the year 2030.
Preliminary estimates indicate that the contribution of the company’s projects to the GDP is estimated at about 8 billion riyals annually.
Visions of the Great Mosque of Mecca
The Public Investment Fund announced that it is in the process of establishing the “Roya’a Al-Haram Al-Makki” company,
which aims to develop projects that contribute to raising the capacity.
To host the increasing number of visitors coming to the Kingdom to perform the rituals of Hajj and Umrah.
And to act as a major driver in the development of the Grand Mosque area, and to raise the level of the hospitality sector and the quality of services provided in accordance with the best international standards.
The establishment of the company comes in line with the Kingdom’s Vision 2030,
which aims to raise the capacity to receive the pilgrims and enrich their religious journey and cultural experience.
And to provide the opportunity for the largest possible number of Muslims to visit the Sacred Mosque and perform the rituals of Hajj and Umrah,
It is expected that the number of visitors to Makkah Al-Mukarramah will exceed
30 million annually by 2030 AD.
The first phase of the company’s projects will be implemented on an area
of 854,000 square meters located north of the Grand Mosque.
It aims to develop about 115 buildings characterized by various urban designs that mimic the Meccan style, with an estimated hotel capacity of 310,000 guests per day in about 70,000 hotel rooms.
The first phase is expected to provide about 9,000 housing units.
and an estimated 360 thousand square meters of commercial space,
In addition to allocating spaces for prayer that can accommodate more than 400,000 worshipers.
Noting that the farthest point in the project is only 1,430 meters away from the Holy Kaaba.
Visions of the Great Mosque of Mecca plans to raise the level of urban development
in the area surrounding the Grand Mosque.
To become one of the best global development models.
In addition to its contribution to generating jobs and attracting investments as part of a broader plan to diversify the national economy,
It is hoped that the project will provide more than 160,000 job opportunities by the year 2030.
Initial estimates also indicate that the contribution of the company’s projects to the GDP is estimated at about 8 billion riyals annually.
Work has been underway to lay the foundation stone and start infrastructure development work
for the project since 2018, and the project will be operational in 2024.
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