Daily Archives: August 29, 2023
ROSHN Group, in partnership with the Public Investment Fund (PIF) giga-project, has announced a new development project in the northern region of Jeddah, Saudi Arabia. Titled MARAFY, this development will accommodate over 130,000 residents and introduces a first-of-its-kind 11-kilometre-long man-made canal at its core. With the 11-kilometre-long and 100-metre-wide canal connecting to Obhur Creek, MARAFY is not only the first canal of its kind in Saudi Arabia but also ROSHN’s inaugural fully mixed-use development. David Grover, the Group CEO of ROSHN Group highlighted the importance of MARAFY in achieving Saudi Arabia’s Vision 2030 goals, emphasising on the project’s role in creating a vibrant community and a thriving economy. By bringing the marine environment to the heart of Jeddah, MARAFY aims to strengthen the city, linking homes and communities with nature, commerce, and life-enhancing amenities. MARAFY will also feature multiple distinct districts, including the existing integrated residential development, ALAROUS. Moreover, the project will include […]