Business & Money | Wednesday 1 May, 2019 10:23 am |

The Red Sea Mall of Jeddah, owned by Red Sea Markets Company Ltd., has announced the completion of the expansion project, which began in 2014, including the smart parking building as phase one, and the expansion of gates 1, 2 and 3 as phase two and the third and last expansion project is the Plaza containing the cinema halls, which was inaugurated recently during a celebration ceremony, attended by representatives from Red Sea Markets Co., the owning company, Intimaa Company, the operating arm, VOX and Majid Al Futtaim Company as well as local business men and media representatives. 

 

Commenting on this achievement, Eng. Al Rayan Gadouri, General Manager of Red Sea Mall, said: "This expansion, which exceeded SR 300 million, is in line with the progressive growth of the retail sector and is designed to meet the needs of the Kingdom's residents and visitors, while contributing towards the Saudi Vision 2030 by adding programs and events that make Jeddah an important tourist center, in addition to reshaping the retail industry by offering a new concept of retail experience”. 

 

He added: “This expansion is in line with the aspirations of the wise leadership, which enabled the retail sector as a drive force to boost the economy. We hope to meet these aspirations and work hard to create an atmosphere that supports this progressive wave of change, while ensuring that the mall is seen as the leading center not only in the Western region, but in the Kingdom and the Gulf region.”

 

The total area of the new expansion is 8000 square meters that include the cinema and several international retail brands. The new expansion includes a retail space of 500 square meters, and areas for children's entertainment, with an area of 1000 square meters set aside for other facilities and services. The part of expansion project includes seating and a shaded area with a relaxed atmosphere across 1,300 meters along with a 3,800-meter ground floor and 3,900 meters first floor dedicated and luxurious coffee shops.