{"id":94427,"date":"2025-02-16T00:00:00","date_gmt":"2025-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/roshn-group-signs-sar-1-5-bn-agreements-for-sedra-development\/"},"modified":"2025-02-16T00:00:00","modified_gmt":"2025-02-16T00:00:00","slug":"roshn-group-signs-sar-1-5-bn-agreements-for-sedra-development","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/roshn-group-signs-sar-1-5-bn-agreements-for-sedra-development\/","title":{"rendered":"Roshn Group signs SAR 1.5 bn agreements for Sedra development"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> <\/strong><strong>PIF-backed Roshn Group signed new agreements worth SAR 1.5 bn<\/strong> for the development of its Sedra neighbourhood, Executive General Manager of Procurement Ian McBride told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/02\/12\/-%D8%B1%D9%88%D8%B4%D9%86-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%88%D9%82%D8%B9%D9%86%D8%A7-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-1-5-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%B1%D9%8A%D8%A7%D9%84-%D9%84%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%B3%D8%AF%D8%B1%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> on the sidelines of the PIF Private Sector Forum.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Roshn signed a SAR 700 mn agreement with <a target=\"_blank\" href=\"https:\/\/www.chec.bj.cn\/\" style=\"\" rel=\"noopener\">China Harbour<\/a> which will build upon the recent opening of an integrated pre-cast factory to offer more high-end products. Another SAR 650 mn agreement with Saudi-based <a target=\"_blank\" href=\"https:\/\/www.saccompany.com.sa\/\" style=\"\" rel=\"noopener\">Sarh Attaqnia Company<\/a> will see the roll-out of 900 multi-family units in Sedra. Roshn also entered into a SAR 130 mn agreement with Riyadh-based <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/development-works-company\/\" style=\"\" rel=\"noopener\">Development Works<\/a> for Sedra\u2019s first commercial mall, which will include retail stores, restaurants, caf\u00e9s, and office spaces.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Sedra: <\/strong>The flagship development, which is located in Northern Riyadh within close proximity of King Khalid International Airport, is set to add more than 30k residential units and 400 amenities over a 20 mn sqm area, according to its <a target=\"_blank\" href=\"https:\/\/home.roshn.sa\/en\/sedra\" style=\"\" rel=\"noopener\">website<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Roshn also signed a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890142894746661167\" style=\"\" rel=\"noopener\">number of agreements<\/a><\/strong><strong> for the <\/strong><strong>development of infrastructure at the developer\u2019s projects across the Kingdom<\/strong>, including:<\/p>\n<ul>\n<li><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890138576186159390\" style=\"\" rel=\"noopener\">An agreement<\/a><\/strong><strong> with the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/alupco.com\/about\/\" style=\"\" rel=\"noopener\">Aluminum Products Company (Alupco)<\/a><\/strong> to set up a manufacturing facility for aluminum windows and doors in Riyadh;<\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890100804524339384\" style=\"\" rel=\"noopener\">An MoU<\/a><\/strong><strong> with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.daikin-ksa.com\/en_us\/customers.html\" style=\"\" rel=\"noopener\">Daikin Saudi<\/a><\/strong> to cooperate on setting up a production facility in the Kingdom for heating, ventilation and air conditioning (HVAC) systems;<\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890125221723574727\" style=\"\" rel=\"noopener\">An agreement<\/a><\/strong><strong> with Johnson Controls Arabia<\/strong> for energy-efficient HVAC solutions at Roshn projects; <\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890121469922836819\" style=\"\" rel=\"noopener\">A MoU<\/a><\/strong><strong> with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.solutionsvalley.com\/\" style=\"\" rel=\"noopener\">Solutions Valley<\/a><\/strong><strong>,<\/strong> which will see it offer consultations for evaluating and designing energy-efficient electrical infrastructure;<\/li>\n<li><strong><a target=\"_blank\" href=\"https:\/\/x.com\/Roshnksa\/status\/1890118258919109067\" style=\"\" rel=\"noopener\">An agreement<\/a><\/strong><strong> with <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.shakergroup.com\/\" style=\"\" rel=\"noopener\">Shaker Group<\/a><\/strong> to prioritize allocating products to Roshn with preferential pricing.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Roshn also inked a number of supply chain agreements to support its ongoing developments<\/p>\n","protected":false},"author":1,"featured_media":94428,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2574],"tags":[10,106,496],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-enterpriseam-ksa","tag-real-estate","tag-roshn-group","wpautop","entry"],"acf":{"mongo_id":"0f634a1b-d5eb-4e2a-834e-dd0f58690759","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1476.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Roshn Group signs SAR 1.5 bn agreements for Sedra development","related_issue":[94415],"teaser":"Roshn also inked a number of supply chain agreements to support its ongoing developments","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.d32a1c0c-8af3-4469-b20c-84dcbef63e8e.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Roshn Group signs SAR 1.5 bn agreements for Sedra development - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/02\/16\/roshn-group-signs-sar-1-5-bn-agreements-for-sedra-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Roshn Group signs SAR 1.5 bn 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