One of the most important projects of “Public Investments” .. The development of the “Madina” hotels adds 140 billion riyals

The project for the development and construction of the hotel sector in Medina, carried out by the Roaa Al-Madina Holding Company, will add 140 billion riyals to the Saudi domestic product, in as it is one of the most important and largest projects of the Public Investment Fund with an area of ​​1.6 million square meters.

Visions Al-Madina Holding Company CEO, Ing. Khalid bin Mohammed Al-Telmisani, explained that the real estate development sector is an important part of the Kingdom 2030 future vision goals, due to its role in content enhancement. local and actively contributing to the strengthening of the Kingdom’s economies, as reported by the Saudi press agency “SPA”.

He stressed that the Saudi vision represents one of the most important pillars of the “Vision strategy of Al-Madina Holding “, in terms of considerable interest in the field of procurement and real estate development, as well as its association with a series of indications for improving transformation requirements and programs to improve the quality of life, attention to the environment, green cities and respectful of the environment and the humanization of cities and remove visual distortion, through the competent ministries such as the Ministry of Municipal and Rural Affairs and Housing, with the aim of enhancing the architectural and functional value of housing and preserving , as far as possible, the architectural heritage.

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