RIYADH: Saudi Arabia’s capital is rapidly transforming into a global urban hub, driven by ambitious infrastructure projects and a strategic focus on economic diversification, according to the city’s mayor.
Speaking at the Cityscape Global 2024 conference, Riyadh Mayor Prince Faisal bin Abdulaziz bin Ayyaf emphasized the city’s significant development, noting that its infrastructure now rivals that of the world’s most advanced cities.
“Riyadh is building on a very solid foundation with infrastructure that rivals cities worldwide,” Prince Faisal said, highlighting the city’s pivotal role in Saudi Arabia’s broader economic diversification efforts.
The mayor pointed to the substantial impact of government spending on the city, particularly in job creation. He revealed that the cost of creating employment opportunities in Riyadh is around 30 percent lower than in other parts of the Kingdom.
Major projects, he added, continue to be the key drivers behind Riyadh’s urban growth. This transformation is particularly evident in the ongoing development of the Riyadh Metro, which is slated to become fully operational later this year. The $22.5 billion transport system will connect critical areas of the city, enhancing mobility through an expansive metro network.
Prince Faisal also underscored Riyadh’s growing ability to host and manage large-scale events, which are crucial to solidifying the city’s global identity.
“I believe that hosting millions of visitors has an impact on every resident of Riyadh, and the way the city manages them is fascinating,” he said.
As part of its global ambitions, Riyadh is preparing to host major international events such as Expo 2030, alongside numerous sports tournaments. These events not only contribute to the city’s economic growth but also help foster a sense of community among its residents.
Looking ahead, Prince Faisal shared a bold vision for Riyadh’s role as a global city by 2030. He envisions a seamless experience for visitors, from flying with Riyadh Air and taking the metro to the New Murabba Project, to attending events in Qiddiya and relaxing in the expansive green spaces of King Salman Park.
The Cityscape Global 2024 conference, held from Nov. 11-14 in Riyadh, further highlights the city’s drive to become an international business hub, with over 400 exhibitors and more than 500 speakers showcasing the future of urban living.