Real estate services

Project Scope:

Establishing a special purpose company to share profits in operating the workforce housing complex and completing the remaining works of the project in the Royal Commission in Yanbu, which include: operating a workforce housing complex in Jubail (7,680) workers, and the scope includes developing expansion in similar capacities.

Added Value:

  • Private sector participation in operating the residential complex and developing unfinished business in addition to the new expansion.
  • Support the plan to gradually get rid of old residential complexes and convert their sites to industrial use.

Project Scope:

Allocating unutilized 7 buildings (42 apartments) in AlHuwalat district that required total renovation.

Added Value:

• Support the transformation of Asset management by engaging the private sector.

Project Scope:

Allocating commercial investment opportunities in Yanbu MARINA (18,789 Sqm) as anchor development for harbor village.

Added Value:

• Engage private sector in land development to improve the attraction of investors to harbor village.
• The project will support the utilization of district cooling infrastructure as the anchor tenant.

Project Scope:

Allocate land for office space in the new Jubail city center (34,768 sqm).

Added Value:

• Provide options of office space and residential space to small & medium campiness.
• Support the development in the new City Center.

Project Scope:

provide space for offices in light and support area for PlasChem tannets and SME.

Added Value:

  • Apply shared service concept in Admin Building.
  • Provide Offices for short- and long-term period.

Project Scope:

Development of housing for home ownership programs for industrial employees and SME Companies. This project will be in Jubail and Yanbu Cities (1st phase around 1500 units in Jubail).

Added Value:

  • Engage private sector experience in development.
  • Better land utilization and introduce creative design solutions.
  • Provide products to serve all categories of SMEs and others living in RCJY Cities.

Project Scope:

Two labor camps built by RCY:

  1. 10 building with total of 1020 units, kitchen, mosque and commercial building (100 % Construction).
  2. 11 building with total of 1224 units, kitchen, mosque and commercial building (90% Construction).

Added Value:

• Complete the remaining construction work.
• Engage the private sector experiences to operate labor camp.
• Execute future explanation in AL-Sawari district to accommodate labor.