HRH Crown Prince Mohammed bin Salman bin Abdulaziz, Chairman of the Council of Economic and Development Affairs and Chairman of the Public Investment Fund (PIF), has inaugurated the infrastructure works and unveiled the master plan for the Rua Al Madinah Project.
The project is being developed and implemented by Rua Al Madinah Holding Company, a PIF company that specializes in the development, operation, and real estate investment in Madinah. As part of PIF’s efforts to develop and enable promising sectors, the project is in line with Saudi Arabia’s Vision 2030.
The Rua Al Madinah Project will raise the capacity to facilitate hosting 30 million Umrah pilgrims by 2030. The project will be implemented to the highest international standards in an indication of the continuous support from the Kingdom’s leadership to Madinah to consolidate its position as a modern Islamic and cultural destination.
After rehabilitating 1.5 million square meters, the project is set to add over 47,000 hotel rooms by 2030, in addition, to open spaces and green areas that will enhance the location’s serene ambiance. As much as 83,000 sqm of the project’s master plan will consist of green areas, with open and green spaces comprising 63 percent of the project’s total land area.
It offers many integrated transportation solutions, including nine bus stops for visitors, a metro station, tracks for self-driving vehicles, and underground parking. These are being introduced to facilitate visitor access to the Prophet’s Mosque and will support both residential and commercial activity while helping to create many job opportunities.