The strategic objectives of the Events Investment Fund are to develop sustainable infrastructure to the highest international standards to support the Kingdom's leisure, tourism, culture and sports sectors, through the development of more than 35 unique venues by 2030.
The Events Investment Fund is looking to contribute to the Kingdom's 2030 Vision by building a thriving economy and a vibrant society. The Fund aims to contribute to strengthening the Kingdom's position as a global hub for diverse events and activities related to these sectors by providing a sustainable and world-class infrastructure that allows for a distinctive program of events and activities that meets national ambitions and contributes to achieving sustainable financial returns that will support and enable the Kingdom's economic diversification efforts. These projects include art galleries, theaters, conference centers, horse racing tracks, shooting ranges, motor racing and other assets across the Kingdom, with the first project expected to be delivered this year.
The first project is expected to be delivered this year. The Events Investment Fund is committed to global investment and financial standards that aim to enhance its investment portfolio by achieving sustainable growth in returns and asset compounding. The Fund's ESG strategy focuses on three main pillars: improving the environment, enriching communities, and adhering to the highest standards of governance
. <It also aims to contribute to the achievement of the <a style="color: #993300;" href="https://amlak.net.Vision 2030 to diversify the Kingdom's non-oil sources of income, in addition to establishing a sustainable infrastructure aimed at increasing the economic contribution of the tourism sector from 3% of GDP to 10% and attracting 100 million visitors by 2030, translating the Kingdom's ambition to be among the most visited countries in the world, all in line with the vision and objectives of the Quality of Life Program, which is concerned with improving the quality of individual and family life through developing the desired sustainable assets.
The Quality of Life Program is focused on improving the quality of life for individuals and families by developing the desired sustainable assets.
<strong style="#993300" style="#993300" style="font-size: 16px" size="xl <The Events Investment Fund will focus on developing and increasing opportunities for investment direct to international companies and banks, and contribute to the GDP equivalent to 28 billion riyals by 2045. The fund will focus on enhancing partnership and business prospects between the public and private sectors, providing a supportive environment for the creation of strategic partnerships, and increasing the volume of job opportunities for citizens.
<The work and activities of the Events Investment Fund are in line with the strategy of <a style="color: #993300;" href="https://amlak.net.The National Development Fund launched by His Highness the Crown Prince last year, which aims to make the Fund a driving force and a key driver of the economic and social objectives of the Kingdom's Vision 2030 by working to address existing development challenges in line with international best practices and stimulate the contribution of the private sector to more than triple the development impact in the Kingdom's economy by 2030.
