More than 40 executives from major international companies.
Best consultations for the sustainability of the Red Sea project
<John Pagano, CEO of the Red Sea Project, emphasized that the project seeks to be a major contributor to strengthening the Kingdom's position on the map of sustainable tourism globally. He explained that the meeting was useful and helpful in establishing important pillars around the vision for the future of the project, and the project management's keenness to benefit from the best consultations and ideas put forward by sustainability experts, sector leaders and thought leaders around the world.
Five Natural Treasures of the Red Sea
<The Red Sea Project will be a luxury tourism destination based on five natural treasures: 200 kilometers of coastline, more than 50 pristine islands and lagoons, dormant volcanoes, nature reserves, and historical sites that will set new standards in sustainable development and put Saudi Arabia on the global tourism map. The Red Sea project is located 500 kilometers north of Jeddah. The project will be built on more than 34,000 square kilometers, and the area will feature multiple recreational activities, luxury leisure services, and best-in-class regulations that protect its unique ecosystem.Red Sea Project
The Red Sea Project is located 500 kilometers north of Jeddah.
Qiddiya Project. Discussing the ideas of the future
Michael Reininger, CEO of Qiddiya Project, said that the project management is keen to achieve distinctive results for citizens.
An entertainment, sports and educational destination for eight million people
Qiddiya will be the first of its kind in the Kingdom. <Qiddiya will be Saudi Arabia's first entertainment and sports destination, located 40 km from Riyadh city center. A key component of Vision 2030, the green zone will be built around six integrated sectors covering nearly 300 activities including sports activities, the Kingdom's first winter and water activities, safari and adventure activities, and the next generation of amusement parks. Qiddiya will provide entertainment, sports, cultural and educational services for eight million people in Riyadh, helping to repatriate some of the estimated $30 billion that Saudis spend abroad each year due to the lack of local options, and serving as an economic catalyst for major international projects.
NEOM. A vision for a new world economy
<Klaus Kleinfeld, CEO of NEOM, said that the project's vision seeks to be the best place in the world to live and work. He pointed out that the meeting reviewed several dialogues on sustainability, new mobility models, advanced manufacturing methods, as well as the adoption of the world's first project management and operation system that relies 100% on renewable energy.Neom CEO Klaus Kleinfeld said that the project's vision seeks to be the best place in the world to live and work. The NEOM project will be the world's largest special economic zone spanning an area equivalent to three countries, the Red Sea project will become a new luxury tourism destination, and Qiddiya will be the first cultural, sports and entertainment city of its kind in the Kingdom.
Project Advisory Boards
Over the coming months, official advisory boards will be formed for each of the three major projects to provide ongoing advice and promote international awareness of the investment opportunities presented by these major transformational projects.The Kingdom has sought to select globally recognized figures to benefit from their expertise and over the coming months, official advisory boards will be formed for each of the three major projects to provide ongoing advice and promote international awareness of the investment opportunities presented by these major transformational projects. In line with Vision 2030 to build a diversified and sustainable economy, PIF is developing a diversified investment portfolio consisting of local and global investments across multiple sectors, asset classes and geographies.
Public Investment Fund (PIF) is working to develop a diversified investment portfolio consisting of distinctive local and global investments across a wide range of sectors, asset classes and geographies.
