Sunday
/
April 19, 2026
Search
Close this search box

Big Project Middle East is the region’s leading monthly B2B magazine for the construction and infrastructure industry. Covering both online and print media, our platforms provide a voice for the industry and an essential point of reference for those working in it.

Social Media

Works begin on $2bn Souq Okaz City in Saudi city of Taif 

0

Share

A large heritage tourism project – Souq Okaz City – within the Saudi Arabian city of Taif  has begun construction, according to Arab News.

The newspaper reported that the complex will include heritage centers, museums, recreational areas and a convention centre and should help generate 12,000 jobs for young Saudi nationals. A further 3,000 migrant workers will also be required for a project which is one of the largest predominantly privately funded projects of its type in the Kingdom – accounting for almost 90% of its expected $2 billion cost.

Surrounding Souq Okaz City will be a new suburb capable of housing 750,000 people and a new international airport which could cope with 5 million passengers per year in its first phase. The report also suggested that a new technology hub will be built –  King Abdul Aziz City for Science and Technology – as well as Taif University; and an industrial city.

Part of Saudi’s huge National Transformation Program, 18 projects suitable for the private sector include recreational parks, heritage villages, open markets, hotels, environmental camps, shopping malls, hospitals and medical centres, business centres, international schools, health clubs and sports facilities said Arab News. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Email

By pressing the subscribe button, you confirm that you have are agreeing to our Privacy Policy and Terms of Use.

Follow Us