UAE-based Majid Al Futtaim has signed a contract with global infrastructure company AECOM to provide consulting services for the Saudi shopping mall project in Riyadh, Saudi Arabia. According to the four-year contract, AECOM will be responsible for providing the main consulting services for the construction supervision of the Saudi shopping mall before and after the contract.

The shopping mall claims to be Majid Al Futtaim's largest integrated retail and lifestyle asset in Saudi Arabia. It is expected to include more than 600 stores with a total leasable area of 300,000 square meters. The Saudi shopping center will also include the largest ski resort and snow park in the Middle East, luxury hotels and branded residences, covering an area of nearly 2,000 keys and an area of 214,000 square meters. It will also include a Carrefour hypermarket, 31 VOX cinema screens, the world's largest IMAX and a magic planet. So far, about half of the total leasable area has been reserved by retailers.

The construction work of the project is scheduled to start in the fourth quarter of 2021. The development project is expected to create approximately 70,000 direct and indirect jobs during the construction phase, and approximately 16,000 direct jobs during the operation period.

The Saudi Shopping Mall is said to be a major component of a comprehensive development project in northern Riyadh worth 4.26 billion U.S. dollars (16 billion SAR), which includes 9 hotels, 600 retail stores and branded residences with 2,000 keys. And the largest ski resort and snow park in the Middle East.

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Ahmed Galal Ismail, CEO of Majid Al Futtaim said: "The contract appointment with AECOM marks an important milestone in the development of northern Riyadh and an important step for Majid Al Futtaim’s major development project, the Saudi shopping center. As a long-term partner of the private sector, Majid Al Futtaim is fully committed to investing in Saudi Arabia and ensuring that its retail, leisure and real estate projects play an important role in contributing to the realization of the 2030 Vision." Editor/Sang Xiaomei