Saudi Arabia invests $23bn into Riyadh wellness projects
Four major well-being projects have been initiated in Riyadh as part of an urban planning and civil engineering programme to transform the city into one of the most livable cities in the world.
According to the Royal Commission for Riyadh City (RCRC), the King Salman Park, Sports Boulevard, Green Riyadh and Riyadh Art are being developed at an investment of $23bn billion. Once complete, the projects will help enhance the lives of the seven million residents of the city, stated RCRC, formally known as Riyadh Development Authority.
The four projects are being managed by the RCRC and complement the Saudi Vision 2030 ‘Quality of Life’ Programme, and are aligned with the UN Sustainable Development Goals, to create sustainable cities and communities, while driving urgent action against climate change, the statement said.
“Life is changing for the residents of Riyadh. In line with government reforms in education, healthcare and tourism, we are pushing forward with the diversification and development plans for the city. The goals of Vision 2030 are coming to fruition and massive infrastructure projects such as these will have significant positive implications for our social tapestry and cultural wellbeing,” said a spokesman for RCRC.
The projects are expected to deliver a number of social, economic and environmental benefits to the city, and create many jobs. Construction of King Salman Park alone will generate around 50,000 jobs, followed by thousands more service jobs on an ongoing basis, stated the RCRC.
