U C C H O L D I N G

Urbacon Saudi and Al Bawani commence construction works to build new SAR1.1 billion entertainment destination in Yanbu

13.Sep.2023

Urbacon Saudi and Al Bawani Co. Ltd (JV) announce the commencement of construction works to build the new entertainment destination in Yanbu, which was awarded by Saudi Entertainment Ventures, a wholly-owned subsidiary of the Public Investment Fund with an estimated investment value of SAR 1.1 billion.

Urbacon Saudi and Al Bawani Co. Ltd (JV) will provide the necessary expertise and capabilities to ensure the implementation of this entertainment destination with highest international standards. The new entertainment destination will be built on a land area of more than 36,000 square meters and a construction area of more than 62,000 square meters.

UP