Riyadh Chamber of Commerce & Industry
Project charter
Chamber Conference & Exhibition Hall — Phase 1
APPROVEDV2Approved 2026-04-03
1Project identity
Required at this stage- Project name
- Chamber Conference & Exhibition Hall — Phase 1
- Project code
- PRJ-2026-021
- Project sponsor
- Sarah A. Al-QarniSarah A. Al-QarniAssistant Secretary-General, Support ServicesP-012s.alqarni@chamber.sa
- Project manager
- Eng. Ibrahim A. Al-GhamdiEng. Ibrahim A. Al-GhamdiDirector, Engineering Supervision of Construction ProjectsP-036i.alghamdi@chamber.sa
- Project owner
- Yousef A. Al-OmariYousef A. Al-OmariExecutive Director, Events & Trade DelegationsP-016y.alomari@chamber.sa
- Portfolio & programme
- New Headquarters & Investment Assets PortfolioNew Headquarters & Investment Assets Programme
- Type & methodology
- Infrastructure · Construction
- Current phase
- 3Planning
2Background & rationale
Required at this stageA 3,000-seat multi-purpose hall for the Riyadh Economic Forum, the annual ceremony and the “Muntijoon” exhibition, ready for Expo 2030 events; now at tender.
3Objectives
Required at this stage- 1A stronger presence in forums, events and trade delegations
- 2Financial sustainability
Serves the strategic objectives:SO-3.2A stronger presence in forums, events and trade delegationsSO-4.1Financial sustainability
4Scope
Required at this stageIn scope
- A 3,000-seat multi-purpose hall for the Riyadh Economic Forum, the annual ceremony and the “Muntijoon” exhibition, ready for Expo 2030 events; now at tender.
- Saudi Building Code compliance
- An approved plan to keep member services and training running during the works
Out of scope
- Operation and maintenance after the warranty period
- Work outside the approved site or system boundary
5High-level requirements
Required at this stage- 1Saudi Building Code compliance
- 2An approved plan to keep member services and training running during the works
- 3Civil-defence requirements
6Deliverables
Required at this stage| 1 | Project management plan | 2026-05-15 |
| 2 | Main deliverable — stage 1 | 2027-08-29 |
| 3 | Main deliverable — final stage | 2028-08-13 |
| 4 | Final report | 2028-12-31 |
7Key milestones
Required at this stage- Charter approved2026-04-03
- Contract signed2026-09-12
- 50% of works complete2027-08-29
- Provisional acceptance2028-10-12
- Closure2028-12-31
8Budget
Required at this stage- Main contract72.0%18.7M
- Supervision & consulting14.0%3.6M
- Internal team9.0%2.3M
- Contingency reserve (5%)5.0%1.3M
The owning sector’s approved budgetTotal26M
9Timeline
Required at this stage10Key risks
Required at this stage- HighTender prices 18% above the engineer’s estimate
11Constraints
Required at this stage- Stay within the approved budget
- Comply with the Government Tenders & Procurement Law
12Assumptions
Required at this stage- Named internal staff available throughout
- Approvals land within the workflow’s action time limits
13Stakeholders
Required at this stage- Project sponsorDecisions and funding
- Project ownerAccepts deliverables, owns benefits
- Project Management Office (PMO)Governance and compliance
14Success criteria
Required at this stage- 1Delivered within the approved budget
- 2On the approved date ±5%
- 3Target benefits within 12 months
15Governance structure
Required at this stage- Change CommitteeApproves scope, cost and schedule changesWeekly
- PMO CommitteeMethodology compliance, data quality, stage gatesFortnightly
- Project management teamDay-to-day control, risks, impediments, the periodic update cardWeekly