Why figures differ

How many investment packages are there?

Five committed, or one awarded?

Awaiting confirmation Updated 12 Nov 2026
The figures, side by side

What each source says

Package 1 fund SAR 4 billion (about $1.1bn)
What it measures
Size of the real estate development fund for the first land parcel, announced September 2023. A fund size, not a construction cost.
Date
Sep 2023
High confidence
Fund size SAR 3.8 billion (about $1bn)
What it measures
Fund size at launch, November 2025.
Date
Nov 2025
High confidence
Private assets awarded About SAR 20 billion (13.3% of the plan)
What it measures
Value of private assets awarded to date, per MEED on 30 September 2026. 20 out of 150 is 13.3%, which is our arithmetic.
Date
Sep 2026
Medium confidence
Committed across five packages (MIPIM) More than SAR 20 billion ($5.3bn)
What it measures
Total investment committed across five major packages, announced at MIPIM in March 2026 (including $3.8bn new). The same size as the September 'awarded' figure, described as 'committed'.
Date
Mar 2026
High confidence

Why the figures differ

In March 2026 the Foundation spoke of five major packages committed, with total investment over SAR20bn ($5.3bn). In September 2026 MEED reported one private package awarded, one close to award and three in design. These count different things at different dates, so both can be true. In May 2024 MEED had spoken of six packages. We can name four deals, Package 1, the Ajdan and SEDCO Capital fund, Package 4 and Package 5, which add up to about SAR22bn on the values reported. No Package 2 or 3 has been announced, and we do not assign one.

What we show

Each package page shows its own value, homes and keys with a counting note. We show 'five committed (March 2026)' and 'one awarded (September 2026)' with their dates, and never present either as the only count.

What would resolve it

The Foundation naming the five packages in its count and saying what 'awarded' means in MEED's September wording.

Figures explained →

More figures explained

The monthly King Salman Park briefing

What opened, what was awarded, what changed. One email a month, sourced.

Suggest a correction

We welcome corrections from the project team, journalists and readers. Please include a source link if you can.