The Cityscape Global Exhibition made its debut in the Saudi capital Riyadh on 11 September with a bang launching projects worth more than $17.3 billion. Of these, the lion’s share was from the National Housing Company which is set to develop new real estate projects valued at $11.2 billion in the suburbs and communities under their administration. Additionally, a business centre and the Khuzam sports city in Khuzam Suburb was also launched. ROSHN, in collaboration with China Harbour as part of Sedra’s future projects, announced a strategic collaboration worth $1.06 billion (. Makkiyoon Urban Developers unveiled the Boulevard Makkah project, valued at $1.6 billion , which includes administrative, commercial, residential units, and hotels spanning a total area of 1 million square metres. Retal Agency also launched a $1.3 billion project to establish an ultra luxury resort in Al Khobar under the management of the Ritz Carlton. Furthermore, the King Salman Park Fund announced a $1.07 billion investment to develop the first plot of land within the project. This investment will involve the construction of 1,500 residential units with the Salmani architectural style, as well as office, hotel, educational, and retail areas in an area of over 290,000 square metres. Masar Destination also launched a $1.07 billion project to construct 18 residential towers, four hotel buildings, and an office building. (ICE RIYADH)

Fonte notizia: construction Week