ROSHN, owned by the Public Investment Fund (PIF) is planning to undertake the development of a mixed-use project called "MARAFY" in the north of Jeddah, Saudi Arabia. The iconic project MARAFY, will consist of multiple districts, including ROSHN’s existing integrated residential development, Al Arous. The project features a first-of-its-kind 11-kilometer-long man-made canal at its center that will be fed by the Red Sea. Surrounded by multiple districts, the canal will provide the waterfront and marine environment to the heart of Jeddah.

This project is one of the initiatives included in the Saudi Giga Projects plan.

The US$5000 million project includes the following:

1. Construction of residential units accommodating over 130,000 residents

2. Construction of a direct canal link to King Abdulaziz International Airport

3. Construction of an 11-kilometre-long man-made and 100m wide canal connecting to Obhur Creek

4. Development of intermodal transport system

5. Development of water taxis

6. Construction of bus lines transport system

7. Construction of Metro Red Line station

8. Development of waterfront

9. Development of waterside districts

10. Construction of jetties and bridges

11. Construction of shaded promenades and plazas with al fresco dining

12. Development of entertainment venues

13. Development of parks and landscaping

14. Construction of modern workspaces

15. Construction of associate facilities