# RUA AlHaram AlMakki international development expansion > Live situation record from CLSTR: https://clstr.news/situations/rua-alharam-almakki-international-development-expansion > Updated: 2026-10-02T01:35:59.000Z. Sources: 8. Developments: 2. RUA AlHaram AlMakki, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has entered into a cooperation agreement with Malaysia’s Malaysian Resources Corp Bhd (MRCB) to study a major development project in Makkah. Located in the Jabal Al Kaabah district within the King Salman Gate area, the proposed transit-oriented, mixed-use project has an estimated gross development value of approximately SAR 21 billion (US$5.5 billion). The collaboration aims to integrate a public bus terminal with residential, commercial, retail, and hospitality components to improve accessibility for pilgrims. MRCB intends to apply its expertise in integrated transport hubs to the project. Following these developments, RUA AlHaram AlMakki is expanding its international cooperation efforts, exploring investment opportunities and project developments related to the Makkah region through engagements in both Malaysia and Brunei Darussalam. ## Timeline ### 2026-10-02: Public Investment Fund developer expands into Malaysia and Brunei Saudi Arabia’s PIF-owned RUA AlHaram AlMakki is expanding into Malaysia and Brunei, targeting a SAR 21 billion transit-oriented development project at Makkah’s King Salman Gate with MRCB. 2 sources. https://clstr.news/cluster/public-investment-fund-developer-expands-into-malaysia-and-brunei ### 2026-09-28: RUA AlHaram AlMakki and MRCB partner for SAR 21bn Makkah project Saudi developer RUA AlHaram AlMakki and Malaysia’s MRCB are studying a SAR 21 billion transit-oriented mixed-use project in Makkah’s King Salman Gate area. 6 sources. https://clstr.news/cluster/saudi-pif-subsidiary-explores-mecca-project-with-mrcb --- Cite as: RUA AlHaram AlMakki international development expansion. CLSTR, https://clstr.news/situations/rua-alharam-almakki-international-development-expansion