Al Balad Development Company (BDC; Arabic: شركة تطوير البلد) is a hospitality and tourism company based in Jeddah, Saudi Arabia.

The company was founded in October 2023 by the Public Investment Fund as part of Saudi Vision 2030.

BDC aims to transform Al Balad Historic District into a global tourist destination.

[3] BDC was officially launched by the Public Investment Fund on 3 October 2023 as part of Saudi Vision 2030 plan to diversify the Saudi Economy away from oil.

The restoration was supervised by the ministry of culture, which assigned Al Balad Development Company to manage the hotels.