ALMA Signs Agreements for Operations

Alma Destination Company in Jeddah has signed two official agreements to manage and operate its multi-use coastal destination, with the aim of promoting environmental sustainability and improving infrastructure within the project, which spans 3.125 million square meters. The agreement with the Ministry of Municipalities and Housing focuses on establishing a sustainable framework for managing facilities and parks, while the other with the National Water Company aims to operate water treatment plants to enhance sustainability and improve service reliability. The destination, located in North Abarah, is centered on offering a modern living experience alongside the Red Sea and supports Saudi Arabia's Vision 2030 objectives of boosting investment and sustainable urban development.

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