Umm Alqura for Development and Construction (UAQ), the owner and main developer of the King Abdul Aziz Road (KAAR) project in Makkah, welcomed a delegation from Banque Saudi Fransi (BSF) headed by Mazen Hani Al-Tamimi, head of the Institutional Banking Group. During the visit, the delegation learned about the project and its components as well as its contribution toward transforming the future of the holy city for residents and pilgrims.

Highlighting the significance of the project as a new modern landmark in Makkah, UAQ delivered a comprehensive presentation that shed light on investment opportunities provided by the KAAR project in the area surrounding the Holy Mosque, including residential complexes, international hotels, government service outlets, and several integrated cultural, entertainment, and commercial amenities.

Following the presentation, the members of the visiting delegation went on a conducted tour of the project, where they reviewed the progress of infrastructure development in accordance with the timeline for the completion of various development projects, including bridges, tunnels, Makkah metro stations and parking garages, as well as pedestrian walkways and tunnels, among others.

The delegation members praised the efforts of UAQ to implement the project’s integrated developmental structure in accordance with the highest international standards, and expressed their hope of continuing cooperation between UAQ and BSF to accomplish the two organizations’ joint objectives.

The KAAR project in Makkah is a leading development and investment project in line with Saudi Arabia’s ambitious Vision 2030. The project’s overarching aim to serve the city’s residents and visiting pilgrims by facilitating their access to the Holy Mosque and improving their experience, is aligned with the directives of the Kingdom’s leaders to increase the number of pilgrims to 30 million by 2030.

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