RIYADH: The Kingdom of Saudi Arabia’s (KSA) Crown Prince, Prime Minister and Chairman of the Board of Directors of the Qiddiya Investment Company (QIC) Mohammad bin Salman bin Abdulaziz has launched the urban design for the city of Qiddiya and Qiddiya’s brand, the Saudi Press Agency (SPA) reported on Thursday.
According to the SPA, the Crown Prince said that the city of Qiddiya will become, in the near future, the foremost international destination in the sectors of sports, entertainment, and culture and this will have a positive impact on the Kingdom of Saudi Arabia’s (KSA) economy and its global standing, enhancing Riyadh’s strategic position and contributing to its economic growth. It aims to enhance the quality of life, making Riyadh one of the top ten economies worldwide.
HRH the Crown Prince Launches the Urban Plan and the Branding of Qiddiya City.https://t.co/6Xf7CpphZx#SPAGOV pic.twitter.com/EthD5MwFNl
— SPAENG (@Spa_Eng) December 7, 2023
The Crown Prince said that this qualitative investment in the city of Qiddiya is a cornerstone of the Saudi Vision 2030, which aims to diversify the Kingdom of Saudi Arabia’s (KSA) economy, creating thousands of job opportunities for the ambitious Saudi youth, the SPA maintained.
Saudi Crown Prince Launches Urban Plan, Branding of Qiddiya City: SPA
The SPA reported that Qiddiya philosophy of Play is based on decades of research that has proven that play is a dynamic element for human cognitive development, social skills, emotional expression, physical health and creativity. Research have also shown the positive effects of recreational events on society, their ability to bridge differences between people, and enhance empathy and social cohesion.
Qiddiya’s offering will be Qiddiya City, a one-of-a-kind destination located on the outskirts of Riyadh, that promises endless fun and excitement for its inhabitants and visitors via unrivalled offerings in sports, entertainment, culture, and urban living. According to the SPA, construction is progressing with contracts worth SAR10 billion awarded. With 60,000 buildings in an overall area of 360 square kms, it will finally host more than 600,000 inhabitants. Qiddiya City is likely to create more than 325,000 job opportunities, yielding nominal GDP of SAR 135 billion per annum. Moreover, Qiddiya City expects to attract around 48 million visits per year with its never-built-before array of world-class attractions and places.
Located 40 minutes from Riyadh center and overlooking the stunning cliffs of the formidable Tuwaiq mountains, Qiddiya City will be a home of the first gaming and e-sports district, golf courses, a speed park track, a massive water theme park, and Six Flags Qiddiya. In addition, it will also host a stadium which will feature the world’s largest Olympic Museum.
Qiddiya City’s unmatched proximity and concentration of sports, entertainment and culture experiences in one place will make it an internationally unique destination. Qiddiya plans to launch its first assets over the upcoming two years.
