International
DarAlArkan and Madinat AlWouroud will develop a $985 million municipal project
Seetao 2021-10-27 10:41
  • The construction of this project will greatly optimize the local municipal environment
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DarAlArkan has cooperated with Madinat AlWouroud Housing Development Company to develop a high-quality residential project worth US$985 million in Taif Province, located in the southwestern region of the Kingdom. The company stated that the project will be developed on an area of 1 million square meters, while respecting and protecting Taif’s topography and unique environmental characteristics.

$985 million municipal project in Taif Province

According to a statement, the project will provide high-quality residential units including apartments, villas and townhouses, as well as various commercial facilities and amenities. Although the project is aimed at residents of Taif and the surrounding area, it will also promote the city to become an important destination, as well as customers buying unique summer houses, enjoying the natural scenery of Taif’s mountains, valleys, cool weather and roses Valuable opportunity on the farm.

DarAlArkan Chairman Yousef Al Shelash said: “We are very pleased to collaborate with Madinat AlWouroud Housing Development, a company with extensive experience in developing and managing high-quality residential communities to provide residents of Taif and citizens of Saudi Arabia with this unique project. DarAlArkan fully understands Taif’s Natural elements will ensure that the new project is environmentally friendly. We expect that the project will be in high demand in one of the most desirable cities in Saudi Arabia and the unofficial summer capital of Saudi Arabia to enjoy the mild climate and natural beauty And the annual cultural festival. Keywords: engineering news, engineering construction

The development of the new residential project will begin in the first quarter of 2022 and is expected to be completed within four years. Dr. AbdulKader Obeikan, Chairman of the Board of Directors, concluded: “This partnership provides an excellent opportunity for Obaikan and DarAlArkan to combine our extensive expertise in real estate development. DarAlArkan has an excellent reputation and track record and will be a driving force. Taif has become an excellent partner for the ideal destination for Saudis. We have many extraordinary destinations in the kingdom, and Taif is truly unique and we will show it as part of our residential project."Edit/ Xing Wentao

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