The Rua Al Madinah project, which was started by Crown Prince Mohammed bin Salman, is expected to add SR140 million ($37.25 million) to Saudi Arabia’s GDP when it is finished.
the project will generate 93,000 direct and indirect jobs and provide opportunities for recruitment throughout the construction and development phases until 2030.
The project will be built by the Rua Al-Madinah Holding Company, which is run by the Kingdom’s Public Investment Fund. It will cover 1.5 million square metres and include 47,000 hotel rooms as well as 63 percent open space and green areas.
The project will include nine bus stations, a metro station, tracks for self-driving vehicles, and underground parking to make it easier to get to the Prophet’s Mosque and the nearby residential and commercial complexes.
During the project’s introduction, the crown prince, who is the head of both the Council of Economic and Development Affairs and the Public Investment Fund (PIF), said that the Rua Al-Madinah project will help increase the number of Umrah pilgrims that can be accepted to 30 million in the coming years.
According to a report by the Saudi Press Agency, Rua Al-Madinah Holding said that the project will help achieve the goals set out in Saudi Vision 2030 for the Hajj, Umrah, and travel sectors, as well as bring the city’s historical past back to life.
The goal of the project is to raise Madinah’s status as a modern Islamic and cultural destination for pilgrims, as well as to improve the quality of life for the people who live there.
A number of historical sites related to the Prophet Muhammad and his companions will also be part of the Rua Al Madinah project.
The structures and amenities of the project will reflect the unique history and culture of the holy city.
