#Al Balad Development Company

Jeddah, Saudi Arabia

Jeddah Central signs SAR12bn contract to develop architectural landmarks

The Jeddah Central Development Company is a Public Investment Fund (PIF)-owned developer, mandated with redeveloping Saudi Arabia’s historic city

PIF launches Al Balad Development Company to develop Jeddha Historic District Image courtesy PIF X

Saudi’s PIF sets up Al Balad Development Company to transform Jeddah’s historic district

The company will follow leading urban planning and environmental sustainability standards to preserve the area’s unique heritage