Qiddiya
- About Qiddiya
- What is Qiddiya?
Qiddiya will be a disruptive destination recognized on the world stage as the home of the most innovative and immersive experiences. Our wide range of offerings will be based on five cornerstones: Sports & Wellness; Nature & Environment; Parks & Attractions; Motion & Mobility; and Arts & Culture, making Qiddiya the capital of Entertainment, Sports and the Arts, not just in the Kingdom of Saudi Arabia, but of the world.
Family-friendly theme parks, sports arenas suitable for international competitions, academies for sports and the arts, concert and entertainment venues, racetracks for motorsport enthusiasts as well as outdoor and adventure activities alongside nature and environment experiences are just some of the fun attractions being developed. Qiddiya will also include a variety of real estate options and community services.
In short, Qiddiya will be a place that enables the youth of Saudi Arabia to fulfill their ambitions. It will be a place where they enjoy, appreciate, aspire, advance and nurture their potential; a place that unlocks opportunities and new professional pathways to help build a more prosperous and progressive society.
Opportunities to grow alongside a youthful society
Qiddiya Investment Company (QIC), a closed, joint-stock company was incorporated on May 10, 2018. Presently, the Public Investment Fund (PIF) of Saudi Arabia is the 100% shareholder of the company. Our corporate structure includes the Qiddiya Development Company LLC (established), Qiddiya Operating Company LLC and the Qiddiya Foundation.
Qiddiya offers numerous opportunities for all investors, contractors, suppliers, strategic capital and infrastructure partners as well as healthcare providers.
Our objective, in line with Vision 2030, is to ensure that Saudi Arabia is listed amongst the world’s top tourist destinations and we are proud of the local, regional and international media attention our project continues to attract.
Drawn from its rich Saudi heritage, Qiddiya forges a new future for Riyadh
Located on the doorstep of Riyadh, the story of Qiddiya goes back centuries.
Long ago, the village of Qiddiya lay along one of the trade and pilgrimage routes that intersected the Arabian Peninsula.
Qiddiya’s modern era began on April 25, 2016, when the Saudi government announced Vision 2030, a blueprint for long-term prosperity.
As part of Vision 2030, His Royal Highness Mohammed bin Salman, Crown Prince, Deputy Prime Minister and Chairman of the Council of Economic and Development Affairs and of the Qiddiya Board of Directors, announced the Qiddiya project on April 7, 2017.
Qiddiya will support several goals of Vision 2030 which include driving economic diversification, job creation, fostering a start-up culture, driving youth and female empowerment and doubling household spending on domestic leisure and entertainment.
The capital of Entertainment, Sports and the Arts
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