Eastern Region Municipality

King Abdullah Cultural Center

A cultural and developmental project that aims to create a prominent civilizational landmark in the city of Dammam, enhancing the cultural scene and elevating the quality of life in the Eastern Region.The project includes multiple facilities such as theaters and halls for events and conferences, art and cultural exhibitions, and interactive educational areas, alongside open public spaces and green areas that support community activities. It also focuses on attracting cultural and artistic events, and on providing a modern environment that combines entertainment with knowledge.Contract Duration 50 yearsProject Area 850,000 sqm

Dammam Khor Project

A waterfront development project that aims to transform the Khor (creek) area in the city of Dammam into an integrated urban and tourism destination combining nature with modern services.The project focuses on rehabilitating the banks of the creek and creating a waterfront promenade, seating areas, and green spaces, in addition to recreational facilities, restaurants, and cafés overlooking the water. It also includes improving the natural environment, organizing marine activities, and providing advanced infrastructure that supports sustainable operation and maintenance.Contract Duration 25 yearsProject Area 200,000 sqm

Heart and Lung Hospital Project

The first specialized hospital for the treatment of heart and lung diseases in the Eastern Region. It is one of the specialized medical projects that aims to enhance health services and support the healthcare economy.Contract Duration 25 yearsProject Area 12,164 sqm

Al-Othaim Circle Project

The Al-Othaim Circle project is a modern commercial and recreational development project that aims to create an integrated destination combining shopping, entertainment, and services in a contemporary and attractive environment within the cities of the Kingdom such as Riyadh.The project is based on a distinctive circular or pivotal design (Circle Concept) comprising a collection of shops, restaurants, cafés, and recreational facilities, with open spaces and pedestrian walkways that enhance the visitor experience. It is also dedicated to providing a comfortable family environment that includes seating areas, seasonal events, and high-quality operation and maintenance services.Contract Duration 30 YearProject Area 50,000 sqm

Water Tower (Landmark) Project

A development project that combines a service function with architectural identity, aiming to construct a modern water tower whose role is not limited to storing and distributing water, but which becomes a prominent urban landmark reflecting the city's development.The project includes a distinctive architectural design that stands out as a visual icon, with the possibility of adding facilities such as observation platforms, ornamental lighting, and organized surrounding spaces with seating areas and green spaces. It also includes advanced operating and maintenance systems to ensure the efficiency of water supply and the sustainability of the infrastructure.Pulse of Khobar ProjectThe Pulse of Khobar project is a high-quality urban development project that aims to enhance quality of life in the city of Al-Khobar, by creating a modern and vibrant destination that combines entertainment, culture, and services.The project focuses on developing open public spaces including a modern promenade, green areas, and event plazas, in addition to restaurants, cafés, and diverse recreational facilities serving all segments. It also aims to stimulate tourism and economic activity, while providing a comfortable urban environment that encourages walking and social interaction.Contract Duration 25 yearsProject Area 45.000 sqm

GLOBAL CITY DAMMAM

-Investor Name?Mr. Akafut Tangsilkosonong (Tony Vega)  -What is the project type? Investment competition  -Who is the entity offering the investment opportunity via the Furas portal? Eastern Province Municipality  -What is the total project area? 675,000 square meters  -What is the current project status? Fully completed (Phase One – 164,624 square meters)  -What is the project duration? 25 years  -What is the main sector or activity of the project? Tourism, entertainment, and cultural investment  -Project Overview The International City project in Dammam represents a new landmark in the Dammam area of the Eastern Province of the Kingdom of Saudi Arabia. It combines entertainment, culture, and innovation within a dynamic environment. It serves as a vibrant global platform celebrating cultural diversity and meaningful connections by uniting cities from around the world in a unique and immersive experience. The site includes pavilions representing 16 countries, each carefully designed to showcase its distinctive culture, heritage, and traditions. Each pavilion also includes a specialized restaurant offering authentic cuisine from its respective country, providing visitors with a rich and diverse cultural and artistic journey.  -Do you find the opportunities listed on the Furas portal attractive for investment? Yes, the opportunities listed on the Furas portal are generally attractive for investment. The portal provides a wide range of opportunities across multiple sectors such as entertainment, tourism, real estate, and public services, enabling investors to explore diverse and scalable projects. It also supports transparent processes and provides access to detailed project information, enhancing confidence in investment decisions.  -How was your experience with the Furas portal? Do you have any suggestions for improvement? The experience of using the Furas portal is generally positive, as it provides an easy-to-use digital platform that enables investors to explore opportunities, submit proposals, and track progress online. Integrated services, including electronic contract signing, also contribute to making the process efficient and convenient.