The Qiddiya Giga Project has awarded contracts worth over $2.6 Billion so far for the development of Qiddiya City with the aim of creating a Global Entertainment and Sports Hub in the Kingdom.
Qiddiya is to be located on the outskirts of Riyadh and feature 60,000 buildings, including golf courses, stadiums, and the Six Flags Qiddiya Theme Park, with the aim of attracting 40 million tourists a year and contributing $36 Billion a year to GDP.
Saudi Arabia, a nation known globally for its vast oil reserves, is making strides in diversifying its economy. The country is venturing into sports and entertainment, with one of its most ambitious projects being the Qiddiya City.
The Vision Behind Qiddiya City
The Qiddiya City project is part of the kingdom’s Vision 2030 economic diversification agenda and is funded by The Public Investment Fund (PIF). Under the stewardship of Crown Prince Mohammed bin Salman, the project aims to transform Saudi Arabia’s economy, reducing dependence on oil and boosting local industries.
“Qiddiya will become the foremost global destination in entertainment, sports, and culture, positively impacting the kingdom’s economy and international standing,” said Prince Mohammed.
The project is set to improve the quality of life for residents and aims to place Riyadh among the top 10 global economies.
Qiddiya City: Global Entertainment Hub
Qiddiya City aims to attract about 48 million visits per year. It will feature a gaming and e-sports district designed to become a global competition hub. The city will include a speed park, golf courses, a multipurpose stadium, a water theme park, and Six Flags Qiddiya.
“Some of these destinations will be launched in the coming months,” Qiddiya announced.
Philosophy of Play Live
The foundation of Qiddiya’s approach to Play Live stems from extensive research demonstrating the crucial role of play in human cognitive development, emotional expression, social skills, creativity, and physical well-being.
Additionally, research indicates that recreational activities positively impact society, fostering individual connections, promoting empathy, and strengthening social cohesion.
Qiddiya Six Powers of Play
Qiddiya believes in the six powers of play. Qiddiya’s six power of play includes Thrive, Create, Imagine, Connect, Grow, and Escape.
The power of play is remarkable. With its profound influence on the human mind and body, it holds a substantial role in shaping cognitive functions such as critical thinking, problem-solving, and memory development.
Moreover, play is progressively employed in combating neurodegenerative disorders in adults, such as dementia, encompassing conditions like Alzheimer’s and Parkinson’s.
As part of this initiative, the country has invested heavily in various megaprojects, including the Six Flags Qiddiya theme park.
Scheduled to open in October 2024, the Six Flags Qiddiya is one of the most ambitious developments in Saudi Arabia. It promises to break all family fun and entertainment records, spread over six themed lands with a range of record-breaking rides.
The park is being developed near Riyadh, 45 km from Riyad downtown and 70 km from King Khalid International Airport, by the Public Investment Fund (PIF) of Saudi Arabia.
Apart from the theme park, the megaproject includes sports arenas, motorsport race tracks, and other attractions.
The Future of Qiddiya City
Despite the challenges, the development of Qiddiya City continues, with its urban design and brand recently launched. The project is a testament to Saudi Arabia’s commitment to diversifying its economy and enhancing its global standing.
As Qiddiya City develops, the world watches with anticipation, ready to witness the birth of a new global destination for entertainment, sports, and culture.
A Mission Taking Shape
Saudi Arabia’s Vision 2030 is not just a vision—it’s a mission gradually taking shape. With projects like Qiddiya City, the kingdom is poised to become an entertainment hub, providing diverse opportunities for its residents and visitors.
Other Giga Projects in Saudi Arabia
As part of its Vision 2030, Saudi Arabia is developing several large projects, including NEOM – a $500 billion futuristic city.
To reduce its oil dependency, Saudi Arabia opened its doors to international tourists for the first time in September 2019. The ambitious Vision 2030 strategy aims to diversify the Kingdom’s economy and attract 100 million domestic and foreign tourists.