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Sunday, April 02, 2023 9:0 GMT
ROSHN, a Public Investment Fund-owned real estate developer, has launched its first project in the Eastern Province, ALFULWA, with a capacity to house 100,000 people. Located 7 km from the center of Al-Ahsa, the project will feature 18,000 residential units spread over an area of 10.8 million sq. m. “We are delighted to put our footprint in the Eastern Province, especially in Al-Ahsa Governorate, with ALFULWA project. This project reflects ROSHN’s dedication to enhancing the urban landscape across the Kingdom,” David Grover, CEO at ROSHN, said. Built near Dakhna Mountain and Al-Qarah Mountain, ALFULWA project aims to incorporate the cultural and geographical heritage of the region into its design while providing urban facilities, it said in a press release. In its design and construction, ALFULWA aims to move forward with its sustainability practices by contributing to an 18% reduction in energy consumption costs. “Over the next few years, our objective is to create residential developments that provide the Saudi community with access to modern amenities in a sustainable and natural environment,” added Grover. ALFULWA project marks the fourth community launched by ROSHN, following the successful introduction of SEDRA and WAREFAH in Riyadh and ALAROUS in Jeddah.