Almarshad Holding Group has signed a design contract for the “Popular Village” project with Global Consulting Engineering Office. The project, set to be constructed in the Asir region (Khamis Mushait Governorate), will cover an area exceeding 66,000 square meters with an investment cost surpassing 250 million SAR. It is expected to be one of the prominent projects in the governorate, contributing to tourism attraction and providing no less than 2,000 direct and indirect job opportunities for the youth of the region, Insha’Allah.
The project is expected to take 24 months to complete and is set to be ready for opening, Insha’Allah, by the end of the third quarter of 2026.
The market will combine a variety of commercial activities, along with an entertainment area and a plaza surrounded by restaurants and cafés. One of its sections will feature a four-star hotel, and there will be underground parking for shoppers. The design of the project will be inspired by the architectural identity of the Asir region.
The project will be built by one of Almarshad Holding’s subsidiaries, which specializes in the construction sector.
It is worth noting that this project is the fifth for the group and comes as an extension of the successes achieved by the Popular Village in several cities across the Kingdom. These markets attract both shoppers and investors, and Almarshad Holding’s investments in these markets have exceeded one billion SAR.
