Saudi Arabia Procurement News Notice - 48775


Procurement News Notice

PNN 48775
Work Detail The entertainment destination will offer visitors a wide variety of experiences designed to engage all age groups from the local community and the surrounding areas Saudi Entertainment Ventures (SEVEN) has unveiled plans to inaugurate an entertainment complex in Yanbu with a budget of $292 million (SR1.1 billion). This seafront amusement hub is set to offer a wide array of attractions, including carnival rides, a 10-screen cinema, a bowling alley, indoor golf facilities, and a climbing centre. Backed by the Public Investment Fund, SEVEN has entrusted a joint venture contract to AL BAWANI and UCC Saudi for the construction of this exciting entertainment destination in Yanbu. Construction efforts are already in progress, bringing this project to life. With an investment value of over SR1.1bn ($292m), SEVEN’s entertainment destination in Yanbu is located along the seafront promenade on Al Nawras Island. The entertainment destination will offer visitors a wide variety of experiences designed to engage all age groups from the local community and the surrounding areas. The project’s architecture is inspired by the city’s heritage; it is a historic port located on the Kingdom’s western coast on the Red Sea. The design is a celebration of water, with elements of the beach and the sea threaded throughout. Chairman of SEVEN Abdullah AlDawood said: “Our entertainment destination in Yanbu will provide residents and visitors with a wealth of new and exciting experiences while supporting the city’s rapidly developing entertainment sector. “SEVEN’s entertainment destination is inspired by Yanbu’s beautiful natural seascape, embodying the city’s rich history as one of the oldest ports in the Kingdom.” Growing Yanbu’s population AL BAWANI Chairman and Group CEO Fakher Al Shawaf said: “SEVEN’s investment will help Yanbu’s growing population meet its entertainment needs. AL BAWANI is well-positioned to deliver this unique destination to meet the ever-growing aspirations of Saudis.” UCC Holding President Ramez Al-Khayyat said the company will “leverage our extensive experience in building entertainment destinations to deliver the project on time, to the highest international standards”. The carnival-themed SEVEN Yanbu will be home to: Rides Clip ‘n Climb facility providing 30 climbing challenges Junior family entertainment centre 10-screen cinema 10-lane bowling experience Indoor golf course Retail Dining SEVEN is investing more than SR50bn ($13.3bn) to build 21 entertainment destinations to provide unique and innovative world-class entertainment experiences; it has secured, global partnerships from the sector. SEVEN announced recently that it had begun construction at its entertainment destinations in Al Hamra districts of Riyadh and Tabuk. Its upcoming projects are located in 14 cities across the Kingdom: Riyadh Kharj Makkah Jeddah Taif Dammam Khobar Al Ahsa Madinah Yanbu Abha Jazan Buraidah Tabuk Saudi Entertainment Ventures (SEVEN) is mandated to invest in, develop and operate entertainment destinations, and create a sustainable entertainment sector that caters to the needs of all in Saudi Arabia, according to the highest and latest international standards.
Country Saudi Arabia , Asia
Industry Construction
Entry Date 15 Sep 2023
Source https://www.constructionweekonline.com/projects-tenders/saudis-seven-is-set-to-open-a-292mn-entertainment-centre-in-yanbu

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