Saudi Arabia’s King Salman has begun four entertainment projects in the capital, Riyadh, worth a total of 86 billion riyals ($23 billion), the state news agency SPA reported Tuesday.
The projects, which include a park, sports track and open art center, are the latest in a series of high-profile investments that signal support for the king’s son and heir, Crown Prince Mohammad bin Salman.
The four new projects are in their design phase; execution will start in the second half of 2019. They will create 70 thousand jobs for Saudis, the SPA statement said. They will also offer investment opportunities worth 50 billion riyals to local and foreign investors.
The Daily Star