Qiddiya will be the capital of Entertainment, Sports and the Arts in Saudi Arabia, an integrated destination offering immersive experiences and memorable moments of delight.
Qiddiya is being built around five cornerstones: Parks & Attractions, Sports & Wellness, Motion & Mobility, Arts & Culture and Nature & Environment. Our cornerstones are supported by our Real Estate & Community Services unit, which will create a thriving community with 5,000 residences.
In short, Qiddiya will be an inspiring place for a youthful Saudi society to fulfill ambitions; a place where they can enjoy, appreciate, aspire, advance and nurture their potential and stimulate interest in new professional pathways that help build a stronger future.
Opportunities to grow alongside a youthful society
On May 10, 2018, our organisation was incorporated as Qiddiya Investment Company (QIC), a closed, joint-stock company. Presently, the Public Investment Fund (PIF) of Saudi Arabia is the 100% shareholder of the company. In time, our corporate structure will evolve to also encompass the Qiddiya Foundation, Qiddiya Development Company LLC and Qiddiya Operating Company LLC.
Qiddiya offers many opportunities for investors. Partnership priorities include contractors and suppliers, strategic capital partners, infrastructure partners and healthcare providers.
Our effort is shining a new light on Saudi Arabia, and it has received media attention from news outlets around the world, including CNN, Time, Variety, The Guardian, The Wall Street Journal and many more.
Drawn from an authentic Saudi heritage, Qiddiya creates a new future for Riyadh
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 crisscrossed 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 help accomplish several goals of Vision 2030 including driving economic diversification, job creation, fostering a start-up culture, driving youth and female empowerment and doubling household spending on domestic leisure and entertainment.
Breaking ground in the Kingdom—and history
On 28th April, 2018, The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, led the Qiddiya Ground-breaking Ceremony in front of a global audience.
After the national anthem and opening address, Ayed Yousef, a rising Saudi star, performed a song with lyrics written by HRH Prince Bader bin Abdulmohsen, highlighting the opportunity that Qiddiya will present to develop the abilities of talented young Saudis.
The ceremony included a three-act show that took the audience on a journey through time, examining Saudi Arabia’s past, present and future growth. The first act began with a story about an elderly man’s memories of Saudi Arabia as he reflected on what life was like for him as the country developed. It then moved to his thoughts on the present day and to the future, as the Kingdom realizes its potential and works to realize the goals of Vision 2030.
The second act featured a video focusing on the attractions that visitors will find at Qiddiya. The final act came to a close as King Salman placed the last baton into the Qiddiya logo, triggering a spectacular firework show that lit up the sky, dramatically illuminating the Tuwaiq Mountain cliffs overlooking the site. Qiddiya’s first phase of development is advancing towards an early 2023 Grand Opening. Highlights in 2019 included the reveal of our Master Plan, the start of construction and the opening of our Visitor Experience Center.
Qiddiya’s first phase of development is
advancing towards an early 2023 Grand Opening
Build distinct anchor attractions
Plan, design and construct infrastructure
and anchor attractions while creating
project identity and awareness.
Expanding Offerings & Growing Capacity
Expanding Offerings & Growing Capacity