Enhancing Quality of Life in ROSHN’s Western Region Communities: A Fiber Optic Milestone with “Integrated Dawiyat”

MOU will see Dawiyat connect ROSHN’s future projects in western regions to its nation-wide fiber optic network, offering residents and visitors high-speed connectivity

MOU reflects ROSHN’s commitment to forming partnerships to offer best-in-class services to its residents and enable the Kingdom’s Vision 2030 goals to improve quality of life

Riyadh, 13 September 2023: ROSHN, the Kingdom’s leading national real estate developer and PIF-funded giga-project, has signed a Memorandum of Understanding (MOU) with Dawiyat Integrated Telecommunications & Information Technology Company at the Cityscape Global in Riyadh to provide residents of ROSHN’s future projects in western regions with modern, high-quality fiber optic connectivity.

Under this agreement, Dawiyat Integrated will provide fiber optics connectivity to more than 5,660 residential units in the first phase of ROSHN’s SEDRA community, and a total number of 34,520 residential units in the seventh phase of the same project. This agreement was signed during a special ceremony as part of the Cityscape Global by ROSHN Group CEO. David Grover, and acting CEO of Dawiyat Integrated, Saleh Alowain.

“Our new partnership with Dawiyat offers residents of our projects in western regions the global connectivity that they will expect. With this partnership, our residents have the best-in-class services they need to live, work, and play connected to families, friends, and colleagues; information and entertainment; business and news, wherever they may be. We look forward to working with Dawiyat to enable Saudi Vision 2030’s goals for a connected nation,” said David Grover, ROSHN’s Group CEO.

On the other hand, Engineer Saleh Alowain stated that this agreement will contribute to the development of digital infrastructure in the Kingdom, enabling Dawiyat Integrated to provide wholesale services to licensed telecommunications companies in the Kingdom. These companies will work to offer broadband fiber optic services to residential and commercial sectors, accounting for more than 34,520 residential units in future ROSHN projects in the Western region.

ENDS

About ROSHN

ROSHN Group is Saudi Arabia’s most trusted multi-asset class real estate developer, and a giga-project wholly owned by the Kingdom’s Public Investment Fund (PIF). ROSHN’s integrated developments offer a new way of living, supported by amenities within walking distance as well as green spaces, sports hubs, cycle lanes, and living beyond walls. Driven by technology, innovation, and sustainability, the Group is building at an unprecedented scale with a land bank of over 200 million sqm. The Group launched its flagship 20 million sqm community in Riyadh, SEDRA, in 2021 and delivered homes ahead of schedule, becoming the Kingdom’s first giga-project to deliver to customers. The Group went on to launch the 4 million sqm ALAROUS in Jeddah and announced two more integrated developments, WAREFA in Riyadh (1.4 million sqm), and ALFULWA in Al Ahsa (10.8 million sqm). By 2030, ROSHN will develop over 400,000 homes, as well as 1,000 kindergartens and schools, and over 700 mosques. Most recently, ROSHN launched MARAFY, a mixed-use development in northern Jeddah, featuring the Kingdom’s first canal project linked to the Red Sea, with over 300 square kilometers of waterfront promenade, covering a total area of more than 2 million square meters. The project will feature more than 52,000 residential units with a population capacity of over 130,000 people.

As a national champion across a range of sectors, ROSHN takes a people-centric approach to building sustainably, pursuing corporate excellence, and partnering with the best-in-class to set new standards in mainstream development. This approach has led ROSHN to become the first PIF-backed giga project to join the UN Global Compact and has earnt ROSHN the title of the best developer in the GCC by Construction Week Middle East’s Top 50 GCC Developers 2023 list.

For more information on ROSHN’s new way of living visit roshn.sa

ROSHN
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COMTEX_440151570/2764/2023-09-13T17:07:54