Arab News,
Wed, Dec 18, 2024 | Jumada al-Aakhirah 17, 1446
Saudi Entertainment Ventures unveils $346m destination in Jazan region
Saudi Arabia:
Saudi Arabia’s Jazan region is set to host a new
SR1.3 billion ($346 million) entertainment destination, with Saudi Entertainment
Ventures, or SEVEN, awarding the project’s development contract to Alfanar
Projects.
The project, covering 60,000 sq. meters of land
and 73,000 sq. meters of built-up space, will be located near the North Corniche
Park along Jazan’s waterfront, offering easy access for locals and visitors from
nearby regions, according to a press release.
The development supports SEVEN’s goal to expand
entertainment offerings across Saudi Arabia, contributing to Vision 2030. It
also aligns with the Jazan Municipality’s growing investment portfolio, valued
at SR4 billion.
Abdullah Nasser Al-Dawood, the chairman of SEVEN,
said: “We are excited to unveil SEVEN’s new entertainment destination in Jazan,
reflecting our ongoing commitment to enriching the Kingdom’s entertainment
offering and enhancing the quality of life for communities across Saudi Arabia.”
He added: “This destination celebrates the natural
diversity and rich cultural heritage of the Jazan region, providing exceptional
leisure experiences for residents and visitors alike.”
The venue will feature attractions such as an
indoor golf course, an entertainment district with rides, a cinema complex, a
karting track, an indoor adventure center, as well as various dining and retail
outlets.
Global architecture firm Gensler will design the
project, incorporating elements of the Red Sea coastline, Jazan’s mountain
ranges, and the region’s iconic jasmine flowers, the release added.
“We are honored to collaborate with SEVEN to
develop this landmark entertainment destination in Jazan. Our shared commitment
to excellence and innovation will ensure the project meets the highest quality
of standards and contributes meaningfully to the Kingdom’s growing entertainment
sector,” said Amer Alajmi, executive vice president of Alfanar Projects.
The project is an exciting opportunity for Alfanar
to play a key role in bringing world-class experiences to the Jazan community
and beyond.”
He described the project as an “exciting
opportunity” for Alfanar to play a pivotal role in delivering world-class
experiences to the Jazan community and beyond.
The Jazan region is seeing a surge in development,
with a project pipeline currently containing 47 projects with a combined
construction cost exceeding SR3 billion. Among the projects are two seafront
developments, 15 boulevard and resort projects, four hotels, three hospitals, 10
markets, and 13 industrial sites.
SEVEN, part of the Qiddiya Investment Co. and
backed by the Public Investment Fund, is investing more than SR50 billion in
developing 21 entertainment destinations across 14 cities in Saudi Arabia,
furthering the Kingdom’s ambitions to transform its leisure and tourism sectors.