Construction on an up-and-coming recreational megaproject in Riyadh will begin this year, according to Mike Reininger, CEO of the Qiddiya project.
“2019 will see Qiddiya move from the planning and design phase to the construction phase,” Reininger told Arab News.
Qiddiya, one of the three megaprojects, besides the Neom smart-city and the Red Sea Project launched by Crown Prince Mohammed bin Salman, will be located about 40 kilometers from the city center.
A company tweet read: “We are a step closer to building Saudi Arabia’s first entertainment and sports city.” Upon completion, the prominent landmark is expected to be the world’s largest entertainment city.
The project targets local, regional and international tourists and will be Saudi Arabia’s pre-eminent entertainment, sports and cultural destination that embodies the Saudi identity. It is expected to be the world’s largest entertainment city by 2030, with a total area of 334 square kilometers, surpassing Walt Disney World in Florida, which is only 110 sq. km. Investors hope the project will attract high numbers of international visitors.
“We will disclose more information on the construction timeline in due course,” said Reininger. Developing the entertainment sector by creating high-quality domestic and international investments within the Kingdom is one of the main goals of Saudi Arabia’s Vision 2030. These projects will have a huge positive impact on the country’s economy and quality of life. Read More...