Makkah Construction & Development Company

(Google reviews: 4 | Number of reviews: 101)

Construction company in Makkah

The company was established in accordance with the Companies Law by Royal Decree No. M/50 dated 13-11-1408H (the Company's Articles of Association).
The company's headquarters is located in Makkah Al-Mukarramah.
His Majesty King Fahd bin Abdulaziz, the Custodian of the Two Holy Mosques, may God have mercy on him, graciously laid the foundation stone for the company's first project on 9/3/1409H.
The founding assembly of Makkah Construction and Development Company was held on 5/11/1409H.
The establishment of the company was announced by the decision of His Excellency the Minister of Commerce No. 859 dated 21/11/1409H.
The company's commercial registration was issued under No. 40301020101 on 1/12/1409H.
The number of authorized shares is 164,816,240 shares.
The authorized, subscribed, and fully paid capital is 1,648,162,400 Riyals.

The area of the company's first commercial residential complex in Makkah Al-Mukarramah, overlooking the Holy Mosque, is 13,869 square meters, with a total built-up area of 228,000 square meters.
The company's main activity: (Company's Purpose):
Developing the areas adjacent to the Holy Mosque in Makkah Al-Mukarramah. Owning, developing, managing, investing in, purchasing, and leasing properties adjacent to the Holy Mosque. Undertaking all necessary engineering works for construction, development, maintenance, demolition, and surveying related to them.
The company may achieve its purposes in all areas adjacent to the Holy Mosque in Makkah Al-Mukarramah in multiple phases, in line with the implementation of the royal directives and the royal order issued in this regard.
Additionally, the company may, as mentioned, undertake any necessary or complementary activities to achieve these purposes, either directly or in partnership with other companies.

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