Al Malqa Development Project
Project Name: Al Malqa Development Project
Location: Al Malqa, Riyadh, Saudi Arabia
Project Type: Mixed-Use Development
Fund Manager:
Project Scope: Developer
Project Status: On-going
Project Value:SAR 800 million
Roles and Responsibility
Feasibility Study
Market & financial analysis
Project Concept & Design
- Define vision and objectives
- Prepare master plans and designs
- Ensure regulatory compliance
Financial Planning & Investment
- Manage budgets and cash flow
- Ensure profitability and ROI
- Coordination with the Fund Manager
Regulatory Approvals & Permits
- Obtain approvals and permits
- Ensure compliance with laws and codes
Stakeholder & Consultant Management
- Appoint and coordinate consultants/contractors
- Manage investor and partner relations
- Manage regulatory stakeholders
Project Execution & Oversight
- Oversee construction progress
- Monitor quality, cost, and specifications
- Mitigate risks and challenges
Sales, Marketing & Leasing
- Branding & marketing
- Manage sales and leasing activities
- Align product mix with demand
Asset Management & Handover
- Manage property operations
- Oversee handover to buyers/tenants
- Preserve and enhance asset value