Saudi King to inaugurate entertainment city.
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Saudi King Salman will inaugurate the construction of an 'entertainment city' near Riyadh on Wednesday. This is part of the multi-billion dollar project that has been undertaken in the context of efforts to bring an end to the country's oil-dependent economy. Authorities say this. News AFP.
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Officials said Wig Disney, along with theme parks, motor sports facilities and a Safari park, has a 334 square kilometer mega project in Kidia, south-west of Riyadh. Project Officer Fahad bin Abdullah Tousi said that direct and indirect financial benefits are available from this project.
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Kidia Chief Executive Michele Renninger said that he hopes that this project will attract foreign investors in Saudi Arabia's entertainment and other sectors. However, the total expenditure of the project was not known. Yuvraj Mohammed Bin Salman is trying to make changes in various aspects of Saudi Arabia in his own style. He is the main entrepreneur of the country's widening 'Vision 2030' reform program. AFP.
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