2023/12/14
This urban plan will revolve around the future global sports and entertainment hub: Qiddiya. The Crown Prince emphasized that Qiddiya City will be the heart of the world, affirming Saudi Arabia's leading position in global tourism and culture.
Details about Qiddiya:
- Area: 360 square kilometers
- Projected population: 600,000
- Projected job opportunities: 325,000
- Projected investment: USD 100 billion
- Projected visitors: 80 million annually
McKinsey expects a return on investment of 15%, while BCG anticipates creating a value of USD 350 billion. The CEO of Qiddiya Development Company stated that the first phase of entertainment facilities is set to open within two years.