Expressions of interest (EOI) and request for qualification (RFQ) have been launched for two transformative real estate projects in Madinah under the public-private partnerships (PPP) model.

The joint development projects will come up in Sikkah Al Hadid and Dhul Hulaifah and will be executed through build-own-operate-transfer (BOOT) contracts for 30 years, a press release said. The EOI and RFQ were launched by Al Madinah Regional Municipality, in collaboration with the Ministry of Municipalities and Housing (MOMAH) and the National Center for Privatization & PPP (NCP).

 Sikkah Al Hadid project will transform an 84,657-sq-m government-owned site west of Madinah into an integrated mixed-use facility. The site’s strategic location and flexible zoning, permitting buildings up to 20 floors, combined with excellent road network connectivity, ensure easy access for residents and visitors.

The development will also synergise with adjacent residential projects by the National Housing Company (NHC), supporting the surrounding community while catering to a growing population within a 5-km radius. Key components include a state-of-the-art, four-storey medical centre with up to 200 beds, outpatient clinics, and multi-specialty services. Complementing these healthcare facilities is a shopping mall featuring diverse retail and entertainment venues.

Dhul Hulaifah project is set to transform a 30,112-sq-m government-owned site into a mixed-use development just 6 km from the Prophet’s Mosque. The development will feature a four-star hotel integrated with retail spaces and healthcare clinics. Pedestrian-friendly retail areas will provide shopping, dining, and leisure options.