MALL FOR “MAKKAH & MADINAH” Manufactured PRODUCTS

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Overview

  • The project entails establishing a dedicated mall to promote "Made in Makkah " products, focusing mainly on products like souvenirs, crafts, local food and  perfumes.
  • Shopping is considered a key aspect of the Hajj and Umrah visitor's journey, whereby malls are the main shopping channel.
  • The mall will target two segments of domestic and international visitors:
    • Pilgrims/visitors with mid to high spending behavior.
    • Umrah visitors with more frequent visits.
  • This investment is expected to improve the quality of the visitor’s journey as well as benefiting Makkah residents.

Opportunity Details

Emerging Sectors
Sector
Hajj & Umrah
Sub-Sector
Makkah
Location
60 MN SAR
Investment size
Open
Timeline

Investment Model

Model: Opportunity to consider different operating models
  • Pure private sector model Pure
  • Joint venture with local player

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