The Seven Project

Introduction

Saudi Entertainment Ventures (Seven)

Entertainment, Leisure and Sports
Established in 2018

Saudi Entertainment Ventures (SEVEN) was established in 2018 to create extraordinary opportunities for our Kingdom through entertainment. We’re here to brighten our nation’s future, one smile at a time, by applying our expertise and imagination to build experiences that put the power of entertainment in everyone’s hands, every day.

When it comes to offering, SEVEN has handpicked its most recognizable global partners to build bespoke a world-class entertainment infrastructure in the kingdom. The new entertainment eco-system developed by SEVEN will include 21 entertainment destinations located across 14 cities, supporting PIF’s strategy to develop the local entertainment and tourism sectors.

The 21-entertainment destinations are split into 3 different pillars:

1- Entertainment Complexes

2- Water Parks

3- Adventure Parks

The Entertainment complexes have an average of 70% - 80% of attraction offerings (Zones) and a 20% - 30% split across the Retail and F&B part of the Leasable area.

Project Info

Location

Riyadh, Saudi Arabia

Client

Saudi Entertainment Ventures

Sector

Entertainment

Size

160,000 square metres (sq m)

Scope

Shop Drawing

Status

Under Construction

About Project

Saudi Entertainment Ventures (Seven), a wholly owned subsidiary of Saudi sovereign wealth vehicle the Public Investment Fund, has awarded Egyptian contractor Hassan Allam Holding the contract to build its planned entertainment complex in Al Kharj.

The development covers about 160,000 square metres (sq m) and is located in the Al Khuzama area of Al Kharj.

US-based engineering firm Gensler and Lebanon’s Dar Al Handasah are the project consultants.

UK-headquartered Mace Group is the project management consultant.

According to data from regional projects tracker MEED Projects, the tender for the main contract was issued in August last year, and the bids were submitted in September.

The contract award for the Al Kharj entertainment complex follows the selection of the local contractor, Modern Building Leaders (MBL), to build the estimated SR1.3bn ($347m) entertainment destination in Mecca.

In November, Seven appointed MBL to build its estimated SR1.3bn ($347m) entertainment destination in Abha.

Seven projects
Last year, Seven awarded contracts worth approximately SR10bn ($2.5bn) to develop its entertainment destinations in the kingdom.

In October, Saudi Binladin Group won contracts worth about SR5bn to build Seven’s two entertainment destinations in the Dammam and Alkhobar regions in the kingdom’s eastern province.

In February this year, MEED reported that the joint venture of Al Bawani and Urbacon had been awarded contracts totalling SR2.4bn for the construction of three entertainment complexes in Saudi Arabia.

The contracts cover the construction of entertainment projects in Tabuk, Yanbu and Medina.