events/FLPK
Excellent Opportunities for the Future Landscape and Public Realm Sector
  • Over $250 billion worth of projects under development in Kingdom of Saudi Arabia, accounting for 39% of the GCC total
  • Riyadh Municipality revealed that the number of current standing projects in the region has reached 141 projects, with a total estimated value of SR7.47 billion
  • 857 projects worth SR74 billion ($19.7 billion) earmarked for the Jeddah region of Saudi Arabia for the next 5 years
  • There are over 80 megaprojects, each worth at least $1 billion, that are on track for completion by 2030 in Saudi Arabia
  • The 4.8 million sqm and $9billion worth Madinah Knowledge Economic City is on track to creating an alternative central business district for Al-Madinah
Excellent Opportunities for Future Playspaces Sector
  • Riyadh Municipality 100 parks project to create play spaces and playgrounds at 100 local parks is ongoing, out of which 54 are completed
  • Ishbiliyah City Centre Riyadh (Mall), by Majid Al Futtaim, 800,000sqm, which started in 2017 is on track for completion by 2020
  • The High Commission for Arriyadh Development and the Arab Urban Institute are collaborating on projects to make Riyadh a child friendly city
  • Saudi Arabia’s Public Investment Fund to build an “entertainment city” to feature sports, cultural and recreational facilities including a safari and a Six Flags theme park by 2022
  • US-based Six Flags to build 3 theme parks each costing between US$300 million and $500m in Saudi Arabia’s as part of efforts to expand its entertainment sector and diversify the economy.
  • Majid Al Futtaim to build “Mall of Saudi” which will become the country’s largest retail complex, with 300,000m2 of shops, restaurants, and entertainment areas, and a huge indoor snow park to boot.