Saudi Focus

The forum was held at the InterContinental Durrat Al Riyadh.

The forum was held at the InterContinental Durrat Al Riyadh.

Forum seeks collaboration on New Murabba project

01 July 2024

New Murabba Development Company, a unit of Saudi sovereign wealth fund PIF (Public Investment Fund) recently hosted a key partnership forum for a diverse group of vendors and partners to explore the vast opportunities within its ground-breaking destination, New Murabba, in Riyadh.

The inaugural New Murabba Partnership forum unveiled this revolutionary destination’s ambitious scale and timeline. New Murabba will feature 18 unique communities surrounding the iconic Mukaab.

The landmark event comes in line with NMDC’s strategy to actively pursue the public-private partnerships (PPP) to develop essential utilities, transportation, and social infrastructure to achieve this vision. The event provided a platform for in-depth discussions and collaboration on the future of New Murabba, the ground-breaking destination of NMDC which is set to become the most transformative downtown in Riyadh.

Attendees were presented with a comprehensive overview of the masterplan, which set the stage for the transformation of downtown Riyadh, said the organisers. 




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