Today, Diriyah Company announced details of developing two educational and technological zones within the Diriyah Project, which is considered one of the largest urban development projects in the world and spans an area of 14 square kilometers. Its annual event , Projects and announcements within the second edition of “Diriyah's Bashir”, whose activities started today.
The announcement of the two new areas comes in light of the rapid growth seen in construction and development work within the Diriyah project, as the company announced the establishment of an international center for arts and culture centered around the Al-Quran Cultural District, and will include Contains numerous cultural assets, including an Arab music school, a cinema, and a group of museums and specialized academies; Teaching the art of writing, Najdi architecture, clay making, cooking and performing arts.
The Quraysh Cultural District will also include two international luxury hotels and several residential units with luxury brands, including the Ritz-Carlton “Diriyah” and the Address Hotel Diriyah. The area will also include 19 mixed-use buildings, including a variety of high-end residences and offices, and a collection of… With a wide range of retail shops and restaurants, the Quraysh Cultural District will be developed at a cost of 5.8 billion Saudi riyals. (US$ 1.55 billion) will be developed through a contract.
Regarding the Northern Region, development work has started there since the announcement of a partnership contract worth Saudi Riyals 7.8 billion (US$2 billion) in July 2024. Diriyah Company has confirmed that it will transform the northern sector of Diriyah. A global learning hub that welcomes students and visionaries, the area will include the King Salman Foundation, a museum, a university, a library and a vibrant public square. The new area will also have a Capella Hotel. Diriyah, which was recently announced, will be the first of its kind in the Middle East.
“Bashir Al-Diriyah 2024” activities announced the official opening date for the first hotel of the Diriyah project, which is the “Bab Samhaan” hotel with 134 rooms, which will start receiving reservations for stays. Set in late December of the current year 2024 AD, and featuring 300-year-old authentic Najdi architectural features, it features prominently in every room of its diverse options and in its exterior and interior designs.
“Bashair Al-Diriyah 2024” was attended by a large number of investors from around the world, a group of hospitality, construction and development companies, infrastructure and real estate experts and representatives from the sports, arts, culture, tourism and retail sectors. Diriyah Company revealed at the gathering the most important updates on its mega qualitative projects that will reshape the region and enhance the quality of life in it; To make it a unique global destination through various cultural, tourism and entertainment assets that are being worked on under the master plan of the project.
CEO of Diriyah Group, Jerry Inzerillo, said: “The Al-Quran Cultural District and the Northern Areas are among the most important areas in the master plan of the Diriyah project, and they reflect the scope and diversity of what Diriyah has to offer in what is to become Global cultural tourism destination. The two regions will comprise global centers of knowledge, education, excellence and creativity, contributing to the creation of… Diriyah, a global hub spanning 600 years and its 300 years of Tells the history of the Saudi state.
He added: “We are pleased to share details of these major developments at “Bashair al-Diriyah” and through the second edition, we will review a range of investment opportunities and partnerships that Diriyah offers the world. Is.”
It is noteworthy that the Diriyah project, upon completion, will provide more than 178,000 employment opportunities, and engage more than 100,000 people, in addition, it will host 50 million visits annually and generate $18.6 billion in GDP for the kingdom. She also aspires to contribute. To enhance the potential of the tourism sector to contribute more than $10 million to the state's GDP by 2030.