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Soudah Development Company information


Soudah Development Company
Native name
السودة للتطوير
Company typePrivate
IndustryReal Estate Developer
Founded24 February 2021; 3 years ago (2021-02-24)[1]
FounderMohammed bin Salman
Headquarters
Al Soudah ,'Asir
,
Saudi Arabia
Key people
  • Mohammed Bin Salman (Chairman)
  • Saleh Aloraini (CEO)
[2]
OwnerPublic Investment Fund
SubsidiariesSoudah Peaks
Websitesoudah.sa/en/

Soudah Development Company (SDC; Arabic: السودة للتطوير) is a tourism and urban development company based in Al Soudah, Saudi Arabia. The company was founded in February 2021 by Crown Prince Mohammed bin Salman as part of Saudi Vision 2030. SDC is owned by the Public Investment Fund.[3] The company is responsible for the development of the luxury mountain tourism destination of Soudah Peaks.[4]

  1. ^ "Saudi Arabia launches Soudah Development Company that will lead a $3 bln project". Al Arabiya English. 24 February 2023. Retrieved 15 March 2024.
  2. ^ "Soudah Development Board of Directors". soudah.sa. Soudah Development Company. 24 February 2023. Retrieved 15 March 2024.
  3. ^ "Saudi Arabia announces launch of Soudah Development Company". Arab News. 24 February 2021. Retrieved 15 March 2024.
  4. ^ "Saudi Arabia Crown Prince launches Soudah Peaks masterplan". Gulf News. 25 September 2023. Retrieved 15 March 2024.

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