The Jeddah Central Development Company (JCDC), a wholly-owned subsidiary of the Public Investment Fund (PIF) and a master developer of Jeddah Central Project, announced on Monday the signing of a Memorandum of Understanding (MoU) with Cruise Saudi, a wholly-owned PIF company specializing in cruise ecosystem development.
According to the MoU, the two companies will work together to develop the design for Jeddah Central Development (JCD) project’s International Luxury Cruise Terminal. The Marina and terminal will help transform Jeddah’s coastline, fostering the growth and development of the Kingdom’s marine tourism industry.
