Zakat, Tax and Customs Authority (ZATCA) in collaboration with the National Center for Privatization & PPP (NCP), announced the launch of the Expression of Interest (EOI) phase for the Residential Buildings Project at Land Ports across the Kingdom of Saudi Arabia.

The project will be tendered under a Design-Build-Finance-Operate-Maintain-Transfer (DBFOMT) model with a 23-year contract duration, including the construction period. It will be implemented at nine land ports across the Kingdom including Al Batha, Salwa, Al Raqi, Jadidat Arar, Al Hadithah, Halat Ammar, Al Durrah, Al Wadiah, and Empty Quarter. The project involves the comprehensive development and management of residential areas at these land ports, including designing and constructing new housing units and service facilities, rehabilitating existing structures, and maintaining all facilities throughout the contract period. It also includes providing security services, operating health clubs, and creating a vibrant community atmosphere with access to parks and entertainment spaces.

ZATCA and NCP invite local and international investors to visit the NCP website and review the EOI document. All interested companies should submit their EOI by June 30, 2024, at 3:00 PM KSA time.