ALICE will upgrade its subsystems in 2019−2020 to fully benefit from the increased collision rate and luminosity of the LHC at CERN. Two new forward detectors will be installed at the core of ALICE: the Fast Interaction Trigger (FIT) and the Muon Forward Tracker (MFT). Additionally, during the shutdown between Run 3 and Run 4, there will be an opportunity to install the Forward Calorimeter (FoCal). This paper describes these new forward detectors, their physics justification and goals, selected design features along with performance of detector prototypes and simulated performance figures.