Riyadh is firmly at the centre of the booming Saudi construction market, despite the plethora of mega projects being undertaken across the kingdom. Now with its ambitions to host the Expo 2030 world fair, Saudi Arabia is gearing to step up the pace in a bid to transform the capital into a major global metropolis.
Saudi Arabia’s bid for Expo 2030 is not a one-off investment and the $8 billion likely spend would be one “for the future of our citizens, residents and visitors”, said the head of the Royal Commission for Riyadh City, Fahd Al-Rasheed. “We’re thinking about the legacy of the site itself and how it can be used.
Riyadh is embarking on plans to build one of the largest airports in the world as it looks to transform itself as a tourism hub, given the diversity of world-scale attractions being built, plans to double its population and position itself as a global logistics hub while stimulating transport and trade.
Riyadh is becoming a hub for the Arab world and with the level of investment and diversification into events and attractions such as Qiddiya entertainment hub and the redevelopment of Diriyah, it will undoubtedly become a global hub for travel and tourism, says a top official of a leading equipment rental firm in the region.
