Roshn (stylized as ROSHN) is a Saudi Arabian real estate development group established in August 2020 by the Public Investment Fund (PIF) as one of its giga-projects. It aims to develop residential communities and support the goals of Saudi Vision 2030 by increasing homeownership among Saudi citizens across the Kingdom.
History
Roshn was officially launched by the Saudi Public Investment Fund on 19 August 2020 as one of its 5 megaprojects, which are: Neom, Red Sea Project, Qiddiya City, and Diriyah Company.
On 24 August 2022, Roshn secured naming rights to the Saudi Pro League in a five-year deal worth $127 million.
Following Karim Benzema's signing with Ittihad football club in June 2023, Roshn signed a three-year deal with the club to become its platinum sponsor.
In September 2023, Roshn signed a 45-month deal worth $2.06 billion with China Harbour Engineering Company to develop Riyadh's Sedra and Warefa communities.
Projects Communities The following list contains all of the residential communities currently being developed by Roshn: + Name LocationTotal Area (km2) AnnouncedWebsite Sedra Northern Riyadh 20 04 August 2021 Warefa Eastern Riyadh 1.4 07 March 2022 Al-Arous Northern Jeddah 4 24 May 2022 Marafy Northern Jeddah 6.6 29 August 2023 Al-Fulwa Southern Hofuf 10.8 14 March 2024 Al-Manar Western Mecca 21 31 March 2024 Al-Danah Dhahran 1.7 24 April 2024
Roshn Stadium
In July 2024, Roshn announced “Roshn Stadium”, a stadium with a capacity of 45,000 in Southwest Riyadh. The stadium spans over an area of more than 450,000 square meters. Roshn Stadium is set to host 2034 FIFA World Cup matches.
Awards Saudi Arabia's Best Place to work for the years 2021, 2022, and 2023 presented by bestplacestoworkfor.org
See also Roshn Front Public Investment Fund List of Saudi Vision 2030 projects
References
External links Official Website