ROSHN has 200 sq km land bank, 2 sites in Dammam, Qatif: CEO

13/11/2023 Argaam
ROSHN Group CEO David Grover

ROSHN Group CEO David Grover

ROSHN Group, a wholly-owned subsidiary of the Public Investment Fund (PIF), has two new land plots in Dammam and Qatif that are still in the preliminary planning and design phase, CEO David Grover said in a TV interview.

 

The Dammam location is adjacent to the Saudi Royal Guard and is still in the design phase, but the land plot in Qatif is still under study, he noted.

 

In addition, ROSHN has a land bank of 200 square kilometers (sq km), Grover said, adding that the company offers competitive prices for its products that are in line with market prices. 

 

He also stated that the ROSHN’s profit margin is less than the market due to facilities and services developed by the company. 

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