Home » Blog » Other Services

Entertainment Projects Company seeks to contribute more than 8 billion riyals annually at 2030 Other Services

06 Jan 2019| Posted by Morris | In Other Services

Abdullah Al Daoud, Chairman of the Saudi Leisure Projects Company, said that the recreational complexes projects will feature a distinctive modern design, the first of its kind with green spaces and open spaces, equipped with sports activities, entertainment and live shows.

The complex will feature a wide choice of local and international restaurants and cafes, which are unique in their quality and will also be accompanied by cinemas designed to meet international standards in terms of sound, image and cinematic experience.

As part of the development of the leisure sector, Saudi Leisure Projects Company, the investment arm of the Public Investment Fund in the leisure sector, is supporting, developing and motivating the sector, building capacity and enhancing local talent through the establishment of a variety of entertainment projects.

The Authority will serve all segments of society through four strategic sectors, launched through the cinema sector through the opening of the first cinema under its management and operation in April 8102 and the entertainment complexes sector, where it was announced today, Family entertainment specialist.

In announcing the company's establishment, the Public Investment Fund (PIF) confirmed that it expects the company's projects to serve more than 50 million visitors annually and provide more than 22,000 direct jobs and contribute 8 billion riyals ($ 2 billion) in gross domestic product by 2010.

Entertainment Projects Company seeks to contribute more than 8 billion riyals annually at 0302

Saudi Entertainment Enterprises, a wholly owned subsidiary of the Public Investment Fund, announced today that Riyadh will set up its first leisure complex with a modern design, the first of its kind with green spaces and open spaces for various activities.

The complex aims to be ideal for sports, leisure, arts and a major event venue. The leisure complex will provide all family members and tourists with all services to enjoy the complex's annexes for hours from morning till evening.

Located on the Eastern Ring Road at the intersection of King Abdullah Road with an area of ​​about 100,000 square meters, the complex will be designed in accordance with the latest modern methods and will include a variety of selected leisure facilities to suit the aspirations of citizens and visitors.

The company said that the site was carefully selected for several reasons, the most important of which is the accessibility of it via several highways as well as using the public transport of the Riyadh train, which is located the nearest stations a few meters, as well as being able to cover the bulk of Riyadh, Its population and its need to diversify into recreational options.

Blog Categories

Start Free Trial

Get Access to 1 Million Global Tenders

No credit card required