The State Properties General Authority (SPGA) and the National Center for Privatization (NCP) have officially opened the Expression of Interest (EOI) phase for a significant redevelopment project in Riyadh. Known as “Quality Valley”, the venture will be delivered through a public-private partnership (PPP) model. The project follows a specific framework involving the design, building, financing, operation, maintenance and eventual transfer of the site. The contract period is set for 32 years following an initial three year window for construction.

The development focuses on the current headquarters of the Saudi Standards, Metrology and Quality Organization (SASO) situated in the Al-Muhammadiyah District. The plan aims to transform the 191,000 square metre site into an integrated mixed-use destination. According to the project scope, the area will feature a blend of government and commercial office units alongside retail spaces. Infrastructure improvements such as new roads, pedestrian pathways, mosques and landscaped zones are also included in the masterplan.

This move is intended to support the goals of Saudi Vision 2030 and the National Transformation Program by making better use of state-owned assets. By involving the private sector in the operation and development of these assets, the government aims to achieve better financial sustainability. The project is designed to meet the rising demand for modern office accommodation and logistics services while improving the working environment for government staff.

Interested companies, including local developers and international firms with relevant experience, are encouraged to apply. The NCP has made the EOI documents available on its official investor portal. All interested parties must ensure their submissions are completed by 26 April 2026 at 11:59 PM KSA time. This project represents a major step in consolidating government operations within a modern urban setting that adheres to international best practices.