The projects will be located in Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah and Tabuk
Saudi Entertainment Ventures (SEVEN) has unveiled plans to invest US $13.3bn into the development of 21 integrated entertainment destinations. The projects are expected to have over 150 innovative attractions and will be developed in partnership with prominent international brands across 14 cities in the Kingdom.
The company, which is a wholly owned subsidiary of the Public Investment Fund (PIF), said that construction works of SEVEN’s first entertainment destination in the Al Hamra district of Riyadh have already begun.
The firm pointed out that its mandate is to invest in, develop, and operate entertainment destinations and create a sustainable entertainment sector that caters to the needs of all in Saudi Arabia, in accordance with the highest and latest international standards.
Each of the destinations will be located strategically across the country to serve the wider population of the kingdom for easy accessibility. The upcoming Saudi entertainment projects will be located in Riyadh, Kharj, Makkah, Jeddah, Taif, Dammam, Khobar, Al Ahsa, Madinah, Yanbu, Abha, Jazan, Buraidah, and Tabuk.
Source: meconstructionnews.com
