The Custodian of the Two Holy Mosques King Salman bin Abdulaziz, may God protect him, laid the foundation stone for the Qiddiya project, which aims to build a range of recreational sports activities and cultural shows in new advanced facilities and facilities that meet the needs of everyone, from amusement parks to games, racing fields and safari trips.
Laying the foundation stone
<After the Custodian of the Two Holy Mosques arrived at the headquarters of the project and the end of the official reception ceremony, the Custodian of the Two Holy Mosques laid the foundation stone of the Qiddiya project, then watched fireworks displays, and the ceremony witnessed a song written by HRH Prince Badr bin Abdulmohsen bin Abdulaziz and performed by the artist Aayed Youssef, and the Custodian of the Two Holy Mosques and the audience watched a theatrical show simulating the development the Kingdom is experiencing under the wise leadership and its wise guidance to utilize the enormous potentials and achieve, God willing, the goals set by Vision 2030, as well as the recreational parks, sports activities and natural scenes included in the Qiddiya project.
Five main pillars of the Qiddiya project
Qiddiya CEO Michael Reininger said that the project is based on five main pillars: parks and attractions, movement and mobility, nature and environment, sports and health, culture and arts and education. “We will move forward with the development of the project supported by a series of retail, residential and hospitality facilities, which will represent a major integrated entertainment destination.”Michael Reininger, CEO of Qiddiya, said: “We will move forward with the development of the project supported by a series of retail, residential and hospitality facilities, which will represent a major integrated entertainment destination.”
The CEO of Qiddiya invited investors, innovators and operators from around the world to explore what a unique project like Qiddiya has to offer, noting that the project will work with the best international organizations to create a new entertainment experience for all residents and visitors to the Kingdom of Saudi Arabia.“
Renéné said. Reininger pointed out that the project represents a key building block of Vision 2030, as it will contribute to a new momentum for the growth of creative industries in the Kingdom, explaining that almost two-thirds of the Saudi people are young people under the age of 35, and there are more than seven million people within 40 kilometers of the project site, which assures international investors that there is a huge untapped market.
Reininger revealed that the project is a key part of Vision 2030, as it will contribute to a new impetus for the growth of creative industries in the Kingdom. The CEO of the project revealed that Qiddiya is 2.5 times the size of Disney World or 100 times the size of Central Park, which will welcome 17 million visitors by 2030, attract 12 million shopping trips and 2 million visits to various hospitality facilities.
The CEO of the project revealed that Qiddiya is more than 2.5 times the size of Disney World or 100 times the size of Central Park, which will receive about 17 million visitors by 2030, attracting 12 million shopping trips and 2 million visits to various hospitality facilities.
Restore $30 billion in foreign tourism
The CEO emphasized that Qiddiya will succeed in recovering part of what Saudis spend annually on tourism and leisure activities outside the Kingdom, which amounts to about 30 billion dollars. The project is one of the many qualitative achievements that the Kingdom will achieve in the coming years, and is one of three mega projects of the Public Investment Fund, led by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Chairman of the Public Investment Fund, which will effectively enhance competitiveness in attracting global investments, benefiting the Kingdom's economy.In his speech, the CEO expressed that Qiddiya will be able to achieve a significant increase in the number of people's spending on tourism and leisure activities outside the Kingdom, which amounts to about 30 billion dollars. <The CEO of Qiddiya Project expressed his thanks to the Custodian of the Two Holy Mosques and His Highness the Crown Prince for supporting this pioneering initiative.
Promoting the growth of non-oil revenues
For his part, Chairman of the General Entertainment Authority Ahmed bin Aqeel Al-Khatib appreciated the Custodian of the Two Holy Mosques laying the foundation stone for the Qiddiya entertainment project, noting the role that the project will play in creating tens of thousands of direct and indirect jobs and will contribute, upon completion of its construction, to enhance the growth of non-oil revenues for the country, stressing at the same time the importance of the Kingdom's Vision 2030, which is led by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and the Crown Prince, in drawing a clear picture of the country's future towards prosperity and growth.For his part Al Khatib noted that the Authority will accompany the establishment of this promising new area with many international events and distinctive activities, which are in line with the importance of the place and the role of the new city in providing the Kingdom with increasing numbers of tourists, and encouraging the Kingdom's progress as a region of importance in this vital sector internationally.
