Saudi mixed use PPP comes to market

Saudi Arabia’s Eastern Province Municipality has released a request for expressions of interest (EOI) on its Al Khobar waterfront project.

Saudi Arabia’s Eastern Province Municipality has released a request for expressions of interest (EOI) on its Al Khobar waterfront project.

The PPP development will include a luxury shopping centre with commercial and entertainment facilities, covering a total area of over 60,000 sq m.

The project is the second municipal sector launched under the country’s new privatisation programme, with the commercial facilities expected to “make the project more attractive to the private sector”.

Responses are due 13 December 2020.