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Saudi Arabia Procurement News Notice - 48746


Procurement News Notice

PNN 48746
Work Detail The project has been designed by Gensler and is said to be a celebration of water, with elements of the beach and sea PIF subsidiary Saudi Entertainment Ventures (Seven) has awarded the contract to build a new entertainment destination in Yanbu to a joint venture (JV) of Al Bawani Co and UCC Saudi. The Seven Yanbu project is being developed at a cost of US $293.27mn, with construction already underway. The entertainment destination is said to be located along the seafront promenade on Al Nawras Island, and has been designed to play a pivotal role in the city’s entertainment sector. The project will offer guests a wide variety of experiences designed to engage all age groups, a statement explained. Seven Yanbu is designed by Gensler and is inspired by the city’s heritage as a historic port located on the Kingdom’s western Red Sea coast. The design is said to be a celebration of water, with elements of the beach and the sea threaded throughout. “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 the rich history as one of the oldest ports in the Kingdom. Seven Yanbu will offer something for everyone,” explained Abdullah AlDawood, Chairman, Seven. Seven Yanbu will feature a carnival themed family entertainment centre with world class rides. Other attractions will include a Clip ‘n Climb facility providing 30 climbing challenges for both adults and children to enjoy, a junior family entertainment centre, a state-of-the-art 10-screen cinema, a futuristic neon 10-lane bowling experience, a fun-filled indoor adventure golf course, as well as a wide variety of local and international retail and dining experiences, the statement added. Fakher Al Shawaf, Chairman and Group CEO, Al Bawani Co remarked, “We are excited to partner with SEVEN to deliver this project. The design has taken into consideration Yanbu’s coastal location and its history as one of the oldest ports in Saudi. Seven’s investment will support Yanbu’s growing population to meet its entertainment needs. Al Bawani is well-positioned to deliver this unique destination to meet the ever-growing aspirations of Saudis.” 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, in accordance with the highest and latest international standards. “We are delighted to spread joy in Yanbu through our partnership with Seven. We will leverage our extensive experience in building entertainment destinations to deliver the project on time, to the highest international standards,” concluded Ramez Al-Khayyat, the President of UCC Holding.
Country Saudi Arabia , Asia
Industry Construction
Entry Date 15 Sep 2023
Source https://meconstructionnews.com/58131/seven-awards-contract-to-develop-yanbu-entertainment-project-to-al-bawani-co-and-ucc-saudi-jv

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