FULFILLING THE NEED FOR EVENTS
THE VISION IS IN PLACE
The first key pillar theme of Vision 2030 is to create a vibrant society with fulfilling lives. As stated in our Vision, lives can only be fulfilled by promoting physical, psychological and social wellbeing. That means that environments must be nurtured with culture and entertainment opportunities while healthy lifestyles must be developed to meet the growing aspirations and wellbeing of our citizens.
THE VISION IS IN PLACE
The first key pillar theme of Vision 2030 is to create a vibrant society with fulfilling lives. As stated in our Vision, lives can only be fulfilled by promoting physical, psychological and social wellbeing, and culture and entertainment and healthy lifestyles must be developed to meet the growing aspirations and wellbeing of our citizens.
THE NEED IS IRREFUTABLE
Given over 65% of the population is under 35 with 50% of our population under 25 years and over 37% is under 14 years of age, the associated demand is irrefutable. To meet this demand, the Kingdom aims to invest US $64 billion in leisure and entertainment. Addressing this need is where we come in, filling the gap in event-related spaces and venues.
THE VALUE FOR
OPERATORS IS
CONSIDERABLE
The value of the Kingdom’s entertainment and amusement sector is forecast to hit $1.17tn by 2030, thus providing undoubted potential for operators. The fund will take an oversight role only in operations.
THE VALUE FOR
OPERATORS IS
CONSIDERABLE
The value of the Kingdom’s entertainment and amusement sector is forecast to hit $1.17tn by 2030, thus providing undoubted potential for operators. The fund will take an oversight role only in operations.
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Through operating specific venues, operators will not only have superb access to a substantial audience eager for entertainment, but will be helping to create a vibrant society and playing their part in Saudi Arabia achieving its Vision 2030.