The launch of Qiddiya City’s master plan in 2023 was another milestone in its development as the building went on. The plan is planned to be among Saudi Arabia’s major destinations once finished, as it is an entertainment, sports, and culture center. It is part of Saudi Vision 2030, aiming for diversification of the national economy. The building plan involves the construction of around 60,000 structures over a total area of 360 square kilometers. Qiddiya City is one of Saudi Kingdom’s largest undertakings alongside Saudi Arabia’s NEOM, world’s largest construction project. In the latest annual Saudi Giga Projects Report, project consultancy firm Knight Frank noted the Kingdom is imbued in various other projects, with a total of 17 being in the works. Qiddiya city is also making strides in its Qiddiya performing arts center as it has issued a $1.4 billion contract to local-based Nesma & Partners.
Other than NEOM, it includes The Red Sea project and the Qiddiya Coast project. In their report, Knight Frank noted that $57 billion of contracts had already been awarded and $187.2 billion worth in the pipeline. The report’s findings highlight the progress of Vision 2030. The aspiration aims to position Saudi Arabia as a regional hub for lifestyle, leisure, tourism, and economic activity. Projects such as Qiddiya have also taken shape since the urban design scope was released in 2023. The implementation of Expo 2030 Riyadh venue is also of significance as it will compliment such projects and promote sustainability.
Significance of Qiddiya City
The project once completed will be able to host up to 600,000 residents within the city. Construction has already started and contracts worth $5 billion have already been awarded in regards to the project. The city is expected to be a one-of-a-kind city as it is expected to attract over 48 million visitors per year. It is expected to host several world-class attraction sites and venues. The city will also host several amenities such as hotels and cafes. The city will also host several recreational facilities to entertain its guests. Qiddiya City will include features such as a gaming and e-sports district, a speed park track, and golf courses. It will also include elegant water theme parks and Six Flags Qiddiya. It will also include a stadium that will be multipurpose.
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Qiddiya City Aims to Revolutionize Saudi Arabia as One of its Major Giga-Projects.
Qiddiya City is regarded as one of Saudi Arabia’s giga-projects as it is key to Saudi’s Vision 2030 ambitions. The City is expected to contribute to the Kingdom both socially, economically, and culturally. On an economic aspect, Qiddiya and its city are expected to generate an annual revenue of $67.5 billion. This will greatly influence the Kingdom’s economy as it is also expected to provide over 325,000 job opportunities. The Qiddiya city project seeks to build destinations and foster dedication to improving sports, culture, and entertainment in the Kingdom. Qiddiya City will revolutionize the Kingdom as is the hope of many with everyone anticipating for its completion.
