The 2034 World Cup. A different economy
عبدالعزيز العيسى
The hosting the World Cup is an economic and developmental goal for the countries that have the privilege of organizing the World Cup on their lands, as all major development projects and infrastructure are completed on the opening date, and it is a sound and thoughtful planning for the wise leadership that it applied to host the 2034 edition, four years after the completion of the vision, its market and the maturity of its fruits, which makes the Kingdom a tourist target for millions of people around the world.One of the positive shifts is that a large part of the spending rates in the costs of building stadiums, associated facilities, and hospitality houses will be pumped and circulated among the local sectors, especially contracting, building and construction, technology and media in all its means, and according to official statistics, the Qatar edition in 2022 amounted to spending about $200 billion, in the 2034 edition we expect the volume of liquidity injection to increase to meet the requirements of the event, which motivates the supporting sectors to prepare themselves by preparing early to receive the event and compete in seizing the great opportunities that will be offered successively, on top of that the real estate sector, which needs to provide As a natural reflection, everyone expects an increase in demand for new housing by expatriates and investors, in addition to the development of modern residential complexes close to sports facilities and commercial centers, especially those located near Riyadh metro stations, as well as tourist facilities and accommodation, and we will witness an honest competition between neighborhoods teeming with traditional life and those that have taken modernity as their title, and between lovers of resorts, parks and the tranquility of nature.
