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ROSHN showcases new way of living and formalizes new partnerships at PIF Private Sector Forum

  1. ROSHN participated in forum in role as a PIF-owned giga-project, showcasing its mixed-asset development portfolio and Vision 2030-enabling partnerships strategy.
  2. ROSHN signed three contracts with Saudi partners to enhance delivery of forthcoming projects and showcased further opportunities for private sector partnerships.

13.02.2024

ROSHN Group, Saudi Arabia’s leading real estate developer and a PIF-owned giga-project, joined the Saudi Public Investment Fund (PIF) Private Sector Forum to showcase its multi-asset developments across the Kingdom, reveal new collaborations and further partnerships opportunities, and highlight its Vision 2030 contributions.

ROSHN took part in the forum, held at the King Abdulaziz International Conference Centre in Riyadh from 6-7 February, in its role as a PIF-owned giga-project and vital enabler of Vision 2030 goals, including private sector expansion, job creation, and economic diversification. ROSHN’s immersive booth at the event, featuring LED map tables, showcased its transformative mixed-use developments that are bringing a new way of living with integrated amenities and cutting-edge technology.

ROSHN was also there to highlight the opportunities it is creating for local, regional, and international private sector companies to become part of Saudi Vision 2030-enabling strategy for long-term growth through partnerships. ROSHN’s commercial team conducted a demand-signalling workshop that engaged with private sector entities to showcase opportunities to work with ROSHN while providing further insight into the values that guide its work and partnerships, answering questions directly from attendees. The team also offered insight into the Group’s strategy, ambitions, and future plans that will create yet more partnership opportunities.

ROSHN signed three contracts with local partners at the forum, formalizing new collaborations to enhance its delivery of transformative real estate developments across the Kingdom:

  • Alayuni Investment & Contracting Company to design and build 400+ single-family homes and public amenities and facilities in the F1 and D1 neighbourhoods of ROSHN’s ALFULWA community in the Eastern Province.
  • ANSAB General Contracting Company to design and build potable water and sewage pipelines; CEC plots, landscaping, and infrastructure; and data collection and studies in ALFULWA.
  • Saudi Ceramics Company to cooperate and collaborate in the realm of ceramic products, including tiles, sinks, bathtubs, and water-saving toilets to ROSHN developments. The agreement builds on ROSHN’s existing water and energy conservation efforts that already go above and beyond the mandated Saudi Building Code.

ROSHN’s partnerships further contribute to its Vision 2030 commitments to build a dynamic, diverse, and localized Saudi economy, with growing new industries, strong investment, and space for entrepreneurs. These partnerships build on recent agreements, including ROSHN’s multi-million SAR commercial partnerships with Saudi companies including PC Marine Services and Saudi Pan Kingdom Company.

The PIF Private Sector Forum is part of PIF’s Private Sector Engagement Strategic Initiative to showcase opportunities for investors and suppliers in PIF-portfolio company projects. Over 80 PIF portfolio companies attended, alongside over 8,000 private sector representatives and 20+ Saudi government ministers. ROSHN participated in the forum through its role as a PIF-owned giga-project developing transformative mixed-use real estate coast-to-coast across the Kingdom. The unprecedented scale and speed of ROSHN’s developments are creating numerous opportunities for partnerships, ranging from construction to consultancy, as the Group works to fulfil its mission and Vision 2030 mandate.

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