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A mega mixed-use development for Saudi Arabia, Rua Al-Madinah development is to be created on a 1.35 million sqm site in Al-Madinah Al-Munawarah and will comprise commercial, residential and hospitality accommodation as well as new cultural centres to enhance pilgrim experiences when visiting Madinah’s Prophet’s Mosque. With local hotel capacity increased to welcome 240,000 guests per day, prayer areas will also be increased to serve 200,000 worshippers per day, together making a significant impact on Madinah’s offer for visitors. The Public Investment Fund, which is backing Rua Al-Madinah, has placed the sacred nature of the Prophet’s Mosque at the heart of the development and emphasis is focused on the separation of pedestrians from vehicles, as well as updated and improved public transport stations.
Rua Al-Madinah is an extensive and well-designed master plan, and will deliver exceptional accommodation and facilities for the area. Omnium International is honoured to be appointed to work on this development, upholding the cultural vision at the heart of the project.
Benefiting from a deep understanding of development in Saudi Arabia, Omnium International’s team is pleased to support Rua Al-Madinah with expert seconded Cost Consultancy and Quantity Surveying services. Our seconded services include budget and cost management, procurement and tender management services for hundreds of housing units and thousands of new hotel rooms. With a broad cross-section of expertise and a strong regional team in the Kingdom, Omnium is well positioned to support Rua Al-Madinah as the project’s development continues.
Led by Main Board Director Peter Nathan, Omnium’s team enjoys an excellent reputation for care and expertise. Our specialist Cost Consultancy services are centred on our client’s vision and the values for this unique development which is culturally and economically significant for the Kingdom. Entirely managed by our team of seconded specialists, with support from Cost Planners and experienced Quantity Surveyors in our regional offices, we are delighted to have been appointed to this important landmark project in KSA which will create outstanding accommodation and amenities for those visiting the Prophet’s Mosque.
Rua Al Madinah Holding Company
Established in 2016, Rua Al Madinah Holding Company is a single-shareholder Saudi closed joint-stock company fully owned by Saudi Arabia’s Public Investment Fund which invests funds on behalf of the Government of Saudi Arabia, managing assets and supporting strategically important projects across a diverse range of sectors. The company and its mega projects, including Rua Al-Madinah Project and Dar Al-Hijra Project, are central to the realisation of Saudi Arabia’s Vision 2030.
A specialist in major projects and complex master plan developments, our Saudi based Director Peter enjoys global QS experience in Europe, the Middle East and Asia working for government-led organisations and large institutional developers.