Jabal Omar Development
Saudi Tabreed has signed an agreement to build and operate a plant in Mecca’s massive Jabal Omar development.
The deal makes Saudi Tabreed the exclusive provider of air conditioning to Jabal Omar via a planned cooling plant with a capacity of 55,000 refrigerated ton for 20 years.
The venture will be one of the largest for the company since its founding in 2005 and gives it a foothold in one of Mecca’s most important developments.
Situated within walking distance of Mecca’s Grand Mosque, the Jabal Omar development will accommodate 36,000 residents and 150,000 worshippers during the peak Ramadan season. The $5.5 billion project is part of a redevelopment of central Mecca designed to cope with a rising population and persistent overcrowding during the holy month. It is currently under construction.
- AREA Makkah
- AREA TYPE Commercial and Residential
- TERM 25 Years
- CONTRACT CAPACITY 55,000 TR
- TYPE Build, own, operate and transfer
- PROJECT SPONSORS Saudi Tabreed (60%) JODC (40%)
- TARIFF Connection fee, capacity charge, consumption charge
- OFF-TAKER Retail and Hotels. Payments facilitated through JODC from direct customers