Soudah Development Company

Soudah Development Company (SDC; Arabic: السودة للتطوير) is a real estate development company based in Riyadh, 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]

Soudah Development Company

Native name	السودة للتطوير
Company type	Privately held company
Industry	Real Estate Developer
Founded	24 February 2021; 4 years ago (2021-02-24)[1]
Founder	Mohammed bin Salman
Headquarters	Riyadh ,Riyadh Province , Saudi Arabia
Key people	Mohammed bin Salman (Chairman) Saleh Aloraini (CEO) [2]
Owner	Public Investment Fund
Subsidiaries	Soudah Peaks
Website	soudah.sa/en/

History

SDC was officially launched by Mohammed bin Salman in February 24, 2021, as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil.^[5]

Projects

Soudah Peaks

Main article: Soudah Peaks

In September 2023, Soudah Development Company launched Soudah Peaks, a mountain tourism destination built on Jabal Soudah, Saudi Arabia's highest peak at a height of 3,015 m. The project consists of 6 different regions, including Rijal Almaa Heritage Village.^[6]

See also

• Saudi Arabia portal

• List of Saudi Vision 2030 Projects
• Jabal Soudah
• Al Balad Development Company
• Jeddah Central Development Company
• Al-Ula Development Company