11 hours ago
Housing Ministry launches EOI for Dammam Boulevard project
The Ministry of Municipal and Rural Affairs and Housing, in cooperation with the Eastern Province Municipality's development arm, Asharq Development Co., and the National Center for Privatization, launched the expression of interest (EOI) phase for the King Fahd Suburb Boulevard project in Dammam. The deadline for submissions is July 16, 2025.
The ministry pointed out that the project will be developed under a public-private partnership (PPP) model, through a 30-year contract covering design, construction, financing, operation, maintenance, and transfer, the Saudi News Agency reported.
The project spans a total area of approximately one million square meters and will be carried out in two phases.
It includes the development of a four-kilometer main boulevard surrounded by a mixed-use zone and green spaces extending over 7.3 kilometers.
According to data compiled by Argaam, Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail launched the King Fahd Suburb Boulevard development project in March 2021 in partnership with the private sector.
