Description
Soudah Development Company (SDC), a closed joint- stock real estate development company owned by the Public Investment Fund (PIF) of Saudi Arabia, aims to drive the development of Soudah and parts of Rijal Alma’a Governorate in the Asir region, to create a luxury mountain destination. Announced by HRH Crown Prince Mohammad bin Salman bin Abdulaziz Al-Saud, Deputy Prime Minister and Chairman of the Public Investment Fund (PIF) on 24th February 2021, SDC was launched with an investment exceeding SAR 11 billion.
SDC is an integral part of PIF’s contribution to Saudi Vision 2030 goals of enhancing and developing the tourism and entertainment sectors in the Kingdom.
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Pro Tenders Industry Classification
- Developer 6 Projects
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