
Client
Location
Qiddiya Investment Company
KSA
Description
Qiddiya is a giga-project being developed in the northwestern region of Saudi Arabia, about 40 kilometers from Riyadh. It is envisioned as a global entertainment, sports, and arts destination offering immersive experiences.
Context
With significant capital tied up in infrastructure and public realm projects, it was paramount for the client to ascertain the full extent of their investment accurately. They required a transparent breakdown of how this substantial capital expenditure (CAPEX) costs could be efficiently and equitably distributed.
Services
• Review of Industry Best Practice
• Operational Framework & Operational Strategy
• Service Catalogue & Service Standards
• Governance Strategy & Legal Structure Plan
• Opinion Paper on Technology Platforms
• Master Community Cost Allocation Tool
Our Value
Our deliverables included a comprehensive Benchmark Study that provided valuable insights into industry standards and best practices. The Adoption Strategy outlined clear pathways for integrating assets into the city's infrastructure, ensuring smooth transitions and sustainable management. The Master Community Cost Model and Precinct Cost Model were developed to offer detailed financial frameworks, ensuring accurate budgeting and cost allocation across different areas of the development. Our Design Review process ensured that all design aspects aligned with the Client’s vision and operational needs, while the City Operations Framework provided a structured approach to managing the city's day-to-day operations effectively.
Recognizing the value and impact of our work, the Client re-engaged us as a single source to develop multiple, detailed cost models for the most vibrant and densely populated district within the master plan. This re- engagement underscores the trust and confidence the Client placed in our capabilities.
By delivering strategic insights, robust financial models, and operational frameworks, we ensured that the Client’s high-profile project was positioned for long-term success. Our work not only addressed the immediate needs of the project but also laid a strong foundation for future developments, maximizing asset value and ensuring sustainable, efficient operations. This ongoing collaboration highlights our commitment to excellence and our ability to deliver tailored solutions that meet the Client’s unique needs.